Preferred Apartment Communities, Inc. Reports Results for Third Quarter 2020
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Preferred Apartment Communities (APTS) Misses Q3 EPS by 3c, Revenues Beat
November 9, 2020 5:30 PM ESTPreferred Apartment Communities (NYSE: APTS) reported Q3 EPS of ($0.79), $0.03 worse than the analyst estimate of ($0.76). Revenue for the quarter came in at $126.7 million versus the consensus estimate of $124.25 million.
"We are very pleased to report another quarter of operational outperformance across all of our product types, as our high quality, Sunbelt-focused portfolio of Class A multifamily, grocery-anchored retail and office, continued to be a market leader in the third quarter. Our collections of recurring rent were in excess of... More
