Apartment Investment & Management Co. Q4 Loss Drops

(RTTNews) - Apartment Investment & Management Co. (AIV) reported Loss for fourth quarter that decreased from the same period last year

The company's earnings totaled -$151.50 million, or -$1.07 per share. This compares with -$201.09 million, or -$1.35 per share, in last year's fourth quarter.

The company's revenue for the quarter rose 17.6% to $49.35 million from $41.97 million last year.

Apartment Investment & Management Co. earnings at a glance (GAAP) :

-Earnings (Q4): -$151.50 Mln. vs. -$201.09 Mln. last year. -EPS (Q4): -$1.07 vs. -$1.35 last year. -Revenue (Q4): $49.35 Mln vs. $41.97 Mln last year.