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Stock impact report

MAA REPORTS FIRST QUARTER 2024 RESULTS [Yahoo! Finance]

Mid-America Apartment Communities, Inc. (MAA) 
Last mid-america apartment communities, inc. earnings: 1/29 04:16 pm Check Earnings Report
US:NYSE Investor Relations: ir.maac.com
Company Research Source: Yahoo! Finance
First Quarter 2024 Operating Results Three months ended March 31, Earnings per common share - diluted Funds from operations (FFO) per Share - diluted Core FFO per Share - diluted A reconciliation of Net income available for MAA common shareholders to FFO and Core FFO, and discussion of the components of FFO and Core FFO, can be found later in this release. FFO per Share – diluted and Core FFO per Share – diluted include diluted common shares and units. Eric Bolton , Chairman and Chief Executive Officer, said, "Performance trends and Core FFO results for the first quarter were in line with our expectations reflecting the impact of new supply deliveries across a number of markets. We enter the busy summer leasing season well positioned with stable occupancy, high leasing traffic, low resident turnover, and strong collections performance. With continued solid demand and the resulting steady absorption of the new supply pipeline, we continue to believe that the decline in new Show less Read more
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