Mid-America Apartment Communities Lifts FY22 Outlook

(RTTNews) - While reporting its results for the second quarter on Wednesday, Mid-America Apartment Communities, Inc. (MAA) lifted its full-year 2022 outlook.

For the full year 2022, the company now expects earnings of $5.65 to $5.89 per share, Core FFO per share of $8.13 to $8.37 and Core AFFO per share of $7.34 to $7.58.

Previously, the company expected earnings of $5.96 to $6.28 per share, Core FFO per share of $7.92 to $8.24 and Core AFFO per share of $7.14 to $7.46.

Analysts polled by Thomson Reuters currently estimate earnings of $3.93 per share.

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