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Mid-America Apartment Communities, Inc. (MAA) reported earnings for its first quarter that climbed from the same period last year.


RTTNews | Apr 28, 2021 04:29PM EDT

16:28 Wednesday, April 28, 2021 (RTTNews.com) - Mid-America Apartment Communities, Inc. (MAA) reported earnings for its first quarter that climbed from the same period last year.

The company's earnings totaled $46.27 million, or $0.40 per share. This compares with $35.73 million, or $0.31 per share, in last year's first quarter.

Analysts had expected the company to earn $0.60 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.7% to $425.01 million from $418.10 million last year.

Mid-America Apartment Communities, Inc. earnings at a glance:

-EPS (Q1): $1.54 vs. $1.49 last year.-Analysts Estimate: $0.60-Revenue (Q1): $425.01 Mln vs. $418.10 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3189242/mid-america-apartment-communities-inc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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