Aimco Reports Third Quarter Results, Updates 2024 Guidance, and Provides Highlights on Recent Activities
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Aimco (NYSE: AIV) reported a net loss of $0.16 per share for Q3 2024, impacted by increased interest expenses and depreciation despite higher contributions from property operations. The company also updated its 2024 guidance and shared recent activities.
November 07, 2024 | 9:30 pm
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Aimco reported a Q3 2024 net loss of $0.16 per share, influenced by increased interest expenses and depreciation, despite higher property operation contributions. The company updated its 2024 guidance.
The reported net loss per share and increased expenses are likely to negatively impact investor sentiment in the short term. The update on 2024 guidance may provide some context, but the immediate financial results are a key focus.
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