Benzinga | Aug 3, 2020 04:40PM EDT

Apartment Inv & Mgmt Q2 FFO $0.63 Up From $0.60 YoY, Sales $218.81M Miss $220.16M Estimate

Apartment Inv & Mgmt (NYSE:AIV) reported quarterly earnings of $0.63 per share. This is a 5 percent increase over earnings of $0.60 per share from the same period last year. The company reported quarterly sales of $218.81 million which missed the analyst consensus estimate of $220.16 million by 0.61 percent. This is a 2.40 percent decrease over sales of $224.20 million the same period last year.