Mid-America Apartment Q2 Core FFO $2.28 Up From $2.02 YoY, Sales $535.15M Beat $533.57M Estimate
Portfolio Pulse from totan@benzinga.com
Mid-America Apartment (NYSE:MAA) reported Q2 earnings of $2.28 per share, a 12.87% increase YoY. The company also reported quarterly sales of $535.15 million, beating the analyst consensus estimate of $533.57 million by 0.30% and marking an 8.10% increase YoY.
July 26, 2023 | 8:38 pm
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Mid-America Apartment's Q2 earnings and sales beat estimates, indicating a strong financial performance.
Mid-America Apartment's Q2 earnings and sales have exceeded estimates, which is typically a positive signal for investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100