Mid-America Apartment Q3 2024 FFO $2.21 Beats $2.17 Estimate, Sales $551.126M Beat $548.865M Estimate
Portfolio Pulse from Benzinga Newsdesk
Mid-America Apartment (NYSE:MAA) reported Q3 2024 earnings of $2.21 per share, surpassing the analyst estimate of $2.17. Sales reached $551.126 million, exceeding the expected $548.865 million and marking a 1.68% increase from the previous year.
October 30, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Mid-America Apartment's Q3 2024 earnings and sales exceeded analyst expectations, with earnings per share at $2.21 and sales at $551.126 million. This performance indicates a positive financial trajectory.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The year-over-year sales increase further supports a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100