American Campus Communities (ACC) Tops Q3 EPS by 1c

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Go back to American Campus Communities (ACC) Tops Q3 EPS by 1c

American Campus Communities, Inc. Reports Third Quarter 2021 Financial Results

October 25, 2021 4:10 PM EDT

Strong results highlight significantly improved student housing operating environment and prospects for growth and shareholder value creation

AUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended September 30, 2021.

Highlights

Reported net loss attributable to ACC of $11.4 million or $0.09 per fully diluted share, versus net loss of $19.5 million or $0.15 per fully diluted share in the third quarter 2020. Increased FFOM per fully diluted share by 25 percent to $0.40 or $56.9 million, versus $0.32 or $45.2 million... More