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Mid-America Apartment Communities reported Q3 earnings of $0.98 per share, falling short of estimates.
Mid-America Apartment Communities (MAA) reported Q3 earnings of $0.98 per share, significantly below the expected $2.18, while revenue was $551.13 million, slightly above estimates.
The company declared a quarterly dividend of $1.47, yielding 3.94%.
MAA's stock has been declining, trading at $149.17, with a market cap of $17.43 billion.
Analysts have mixed opinions, with some raising their price targets despite the earnings miss.
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Mid-America Apartment Communities reportó ganancias Q3 de $0.98 por acción, quedando por debajo de las estimaciones.