Mid-America Q4 FFO & Revenues Miss Estimates Amid High Supply

Shares of Mid-America Apartment Communities (MAA) , commonly known as MAA, witnessed a 1.13% fall in the pre-market trading hours today after it came up with lower-than-expected fourth-quarter 2024 results yesterday following market close. MAA reported fourth-quarter 2024 core funds from operations (FFO) per share of $2.23, which missed the Zacks Consensus Estimate of $2.24. The reported figure also fell 3.9% year over year from $2.32.See the Zacks Earnings Calendar to stay ahead of market-making news.Renta ...