Mid-America Apartment: Q4 Earnings Insights

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Mid-America Apartment MAA released its Q4 earnings on Wednesday, February 5, 2025 at 04:15 PM.

Here's what's important from the earnings announcement.

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.

Previous Earnings Records

Last quarter the company beat on EPS by $0.03 which was followed by a 1.0% drop in the share price 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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MAAMid-America Apartment Communities Inc
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