American Campus Communities (ACC) Misses Q2 EPS by 5c, Revenues Miss
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American Campus Communities, Inc. Reports Second Quarter 2020 Financial Results
July 20, 2020 4:46 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended June 30, 2020.
Highlights
Reported net loss attributable to ACC of $13.3 million or $0.10 per fully diluted share, versus net income of $10.4 million or $0.07 per fully diluted share in the second quarter 2019. Reported FFOM of $50.9 million or $0.37 per fully diluted share versus $77.4 million or $0.56 per fully diluted share in the second quarter prior year. Continued to implement the... More