American Campus Communities (ACC) Reports Q3 FFO of $0.32
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American Campus Communities, Inc. Reports Third Quarter 2020 Financial Results
October 26, 2020 4:15 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended September 30, 2020.
Highlights
Reported net loss attributable to ACC of $19.5 million or $0.15 per fully diluted share, versus net income of $20.2 million or $0.14 per fully diluted share in the third quarter 2019. Reported FFOM of $45.2 million or $0.32 per fully diluted share versus $64.1 million or $0.46 per fully diluted share for the third quarter prior year. Same store net operating income ("NOI") decreased by... More