Mid-America Apartment MAA announced its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.
Here's a breakdown of the earnings report.
Earnings
Mid-America Apartment missed estimated earnings by -0.0%, reporting an EPS of $2.23 versus an estimate of $2.24.
Revenue was up $7.58 million from the same period last year.
Overview of Past Earnings
During the previous quarter, the company beat on EPS by $0.03, leading to a 1.0% drop share price change the next day.
Here's a look at Mid-America Apartment's past performance:
Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
---|---|---|---|---|
EPS Estimate | 2.18 | 2.20 | 2.22 | |
EPS Actual | 2.21 | 2.22 | 2.22 | 2.32 |
Revenue Estimate | 549.38M | 545.41M | 542.72M | 542.77M |
Revenue Actual | 551.13M | 546.43M | 543.62M | 542.25M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Mid-America Apartment management provided guidance for Q1 2025, expecting earnings between $2.08 and $2.24 per share.
To track all earnings releases for Mid-America Apartment visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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