American Campus Communities (ACC) Misses Q1 EPS by 2c, Revenues Beat
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American Campus Communities, Inc. Reports First Quarter 2021 Financial Results
April 19, 2021 4:15 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended March 31, 2021.
Highlights
Reported net income attributable to ACC of $15.6 million or $0.11 per fully diluted share, versus $80.9 million or $0.58 per fully diluted share in the first quarter 2020. Reported FFOM of $79.5 million or $0.57 per fully diluted share, versus $97.6 million or $0.70 per fully diluted share in the first quarter prior year. Same store net operating income (NOI) decreased by 11.0 percent versus the first quarter prior year, as... More
