Mid-America Apartment Communities (MAA) Beats Q2 FFO Estimates

Core Viewpoint - Mid-America Apartment Communities (MAA) reported quarterly funds from operations (FFO) of $2.15 per share, slightly exceeding the Zacks Consensus Estimate of $2.14 per share, but down from $2.22 per share a year ago [1][2] Financial Performance - The company achieved revenues of $549.9 million for the quarter ended June 2025, which was 0.41% below the Zacks Consensus Estimate, compared to $546.43 million in the same quarter last year [2] - Over the last four quarters, MAA has surpassed consensus FFO estimates three times [2] Stock Performance - MAA shares have declined approximately 1.5% since the beginning of the year, while the S&P 500 has increased by 8.3% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The consensus FFO estimate for the upcoming quarter is $2.17, with projected revenues of $558.89 million, and for the current fiscal year, the estimate is $8.76 on $2.22 billion in revenues [7] - The outlook for the REIT and Equity Trust - Residential industry is currently in the top 35% of Zacks industries, suggesting a favorable environment for stocks in this sector [8]