American Campus Communities (ACC) Misses Q2 EPS by 1c
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American Campus Communities, Inc. Reports Second Quarter 2022 Financial Results
July 25, 2022 5:21 PM EDTAUSTIN, Texas--(BUSINESS WIRE)-- American Campus Communities, Inc. (NYSE: ACC) today announced the following financial results for the quarter ended June 30, 2022.
Highlights
Reported net income attributable to ACC of $4.4 million or $0.03 per fully diluted share, versus net loss of $9.4 million or $0.07 per fully diluted share in the second quarter 2021. As previously announced, during the quarter the company entered into a definitive agreement under which Blackstone Core+ perpetual capital vehicles, primarily comprised of Blackstone Real Estate Income Trust, Inc. (BREIT), alongside Blackstone Property... More