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Apartment Income REIT Corp. (AIRC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
AIRCApartment me REIT (AIRC) Zacks Investment Research·2024-02-09 00:31

Apartment Income REIT Corp. (AIRC) reported 196.36millioninrevenueforthequarterendedDecember2023,representingayear−over−yeardeclineof5.5196.36 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 5.5%. EPS of 0.64 for the same period compares to 2.17ayearago.Thereportedrevenuerepresentsasurpriseof−0.342.17 a year ago.The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of 197.04 million. With the consensus EPS estimate being $0.64, the company has not delivered EPS surprise.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wal ...