Apartment Income REIT Corp - Ordinary Shares - Class A

NYSE:AIRC   3:59:54 PM EDT
46.16
+0.49 (+1.07%)
Positive Earnings Pre-Announcement

Air Reports Second Quarter 2022 Net Income Per Share $1.26

Published: 07/28/2022 23:13 GMT
Apartment Income REIT Corp - Ordinary Shares - Class A (AIRC) - Air Reports Second Quarter 2022 Results, Raises Same Store Revenue and Noi Guidance, Completes $640m in Acquisitions, Makes $125m in Share Repurchases, and Further Simplifies Balance Sheet.
Sees FY Pro Forma FFO per Share $2.38 to $2.44.
Sees Q3 Pro Forma FFO per Share $0.54 to $0.58.
Q2 Pro Forma FFO Was $0.66 per Share.
Q2 Net Income per Share $1.26.
Qtrly Total Revenues $183.5 Million Versus $178.3 Million.
Q2 Earnings per Share View $0.22, Revenue View $185.7 Million -- Refinitiv Ibes Data (analyst estimates).
FY2022 FFO per Share View $2.42 -- Refinitiv Ibes Data (analyst estimates).
Revenue is expected to be $189.54 Million
Adjusted EPS is expected to be $0.18

Next Quarter Revenue Guidance is expected to be $193.78 Million
Next Quarter EPS Guidance is expected to be $0.18

More details on our Analysts Page.