Mid-America Apartment Q3 2023 EPS $0.94 Vs $1.05 YoY, Core FFO $2.29
Portfolio Pulse from Benzinga Newsdesk
Mid-America Apartment (MAA) reported Q3 2023 earnings per share (EPS) of $0.94, down from $1.05 year-over-year (YoY). The company's core funds from operations (FFO) stood at $2.29.
October 25, 2023 | 9:03 pm
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NEGATIVE IMPACT
Mid-America Apartment's Q3 2023 earnings have decreased compared to the same period last year. This could potentially impact the company's stock negatively in the short term.
Earnings reports are a significant factor in a company's stock performance. A decrease in EPS YoY often leads to a negative reaction in the market, potentially leading to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100