Mid-America Apartment's Q3 FFO & Revenues Beat Estimates
MAA(MAA) ZACKS·2024-11-01 01:00
Mid-America Apartment Communities (MAA) , which is commonly known as MAA, reported third-quarter 2024 core funds from operations (FFO) per share of $2.21, which surpassed the Zacks Consensus Estimate of $2.18. However, the reported figure fell 3.5% year over year from $2.29.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect healthy demand despite elevated new supply and strong average physical occupancy for the same-store portfolio. The company witnessed low levels of r ...