Jul. 31 at 2:52 PM
$MAA Q2: A Mixed Bag For The REIT 🏢
Core FFO per share of
$2.15 beat estimates, yet same-store revenues and effective rent per unit declined year over year. Resident turnover was at a historic low due to record-low levels of move-outs related to buying single-family homes.
Complete risk/reward breakdown here 👉 https://www.zacks.com/stock/news/2644533/mid-america-apartments-q2-ffo-beats-estimates-rent-declines?cid=sm-stocktwits-2-2644533-body-5030&ADID=SYND_STOCKTWITS_TWEET_2_2644533_BODY_5030