AIR Reports First Quarter 2021 Results

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Go back to AIR Reports First Quarter 2021 Results

Apartment Income REIT Corp. (AIRC) Tops Q1 EPS by 60c

April 29, 2021 4:39 PM EDT

Apartment Income REIT Corp. (NYSE: AIRC) reported Q1 EPS of $0.56, $0.60 better than the analyst estimate of ($0.04).

Pro forma Funds From Operations (Pro forma FFO) was $0.48/share

Pro forma Funds From Operations (Pro forma FFO) was $0.50/share

Chief Executive Officer Terry Considine comments: 2021 is off to a solid start with first quarter operating results coming in ahead of expectations. The combination of AIRs best-in-class operating platform and a recovering economy allowed us to rebuild occupancy and raise rents while maintaining our focus on customer selection and customer... More