Mid-America Apartment Communities Inc MAA.N reported quarterly adjusted earnings of 94 cents per share for the quarter ended in September. The mean expectation of eight analysts for the quarter was for earnings of $1.12 per share.
Revenue rose 4.1% to $542.04 million from a year ago; analysts expected $540.42 million.
Mid-America Apartment Communities Inc's reported EPS for the quarter was 94 cents.
The mean earnings estimate of analysts had risen by about 0.2% in the last three months.
In the last 30 days, there have been revisions of earnings estimates
Mid-America Apartment Communities Inc shares had risen by 0.9% this quarter and lost 17.3% so far this year.
The company reported quarterly income of $109.81 million.
Wall Street's median 12-month price target for Mid-America Apartment Communities Inc is $156.00
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 6 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell."
This summary was machine generated from LSEG Refinitiv data October 25 at 11:59 p.m. UTC. All figures in US dollars unless otherwise stated.
QUARTER ENDING |
ESTIMATE |
ACTUAL |
BEAT, MET, MISSED |
Sep. 30 2023 |
2.28 |
2.29 |
Beat |
Jun. 30 2023 |
2.26 |
2.28 |
Beat |
Mar. 31 2023 |
2.25 |
2.28 |
Beat |
Dec. 31 2022 |
2.28 |
2.32 |
Beat |