Mid-America Apartment's Q1 FFO Beats Estimates, Occupancy Rises

Mid-America Apartment Communities (MAA) , commonly known as MAA, reported first-quarter 2025 core funds from operations (FFO) per share of $2.20, which surpassed the Zacks Consensus Estimate of $2.16. However, the reported figure fell 0.9% year over year from $2.22.Results reflected healthy demand and an occupancy rise. The REIT witnessed low levels of resident turnover. Rental and other property revenues of $549.3 million for the first quarter missed the Zacks Consensus Estimate of $551.3 million. However, ...