Mid-America Apartment Communities (MAA) Q3 FFO and Revenues Miss Estimates

Mid-America Apartment Communities (MAA) came out with quarterly funds from operations (FFO) of $2.16 per share, missing the Zacks Consensus Estimate of $2.17 per share. This compares to FFO of $2.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -0.46%. A quarter ago, it was expected that this real estate investment trust would post FFO of $2.14 per share when it actually produced FFO of $2.15, delivering a surprise of +0.47%.Over ...