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Stock impact report

Aimco Reports First Quarter Results and Provides Highlights on Recent Activities [Yahoo! Finance]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Yahoo! Finance
Financial Results and Highlights Net loss attributable to common stockholders per share, on a fully dilutive basis, was for the quarter ended March 31, 2024 , compared to net loss per share of , for the same period in 2023. Higher net operating income (NOI) and gains related to our interest rate hedging instruments were offset by higher interest expense and depreciation related to advancing and completing development projects. First Quarter 2024 revenue, expenses, and NOI from Aimco's Stabilized Operating Properties increased 5.4%, 2.8%, and 6.5%, respectively, year-over-year, with average monthly revenue per apartment home increasing by 5.4% to During the first quarter, construction of Aimco's three active development projects advanced on plan. Following quarter end, Aimco substantially completed construction at Upton Place in Upper Northwest Washington, D.C. and, as of April 30, 2024 , had leased 112 of the 689 units at rates ahead of underwriting. Aimco acquired 0.9 millio Show less Read more
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