Apartment Income REIT Corp reports results for the quarter ended in December - Earnings Summary

Apartment Income REIT

10/02/2022 09:29

* Apartment Income REIT Corp  AIRC.N  reported a quarterly
adjusted loss of 10 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for breakeven results per share.
    * Revenue rose 11.8% to $194.33 million from a year ago; 
analysts
expected $180.80 million. 
    * Apartment Income REIT Corp's reported EPS for the quarter
was
$2.37​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Apartment Income REIT Corp shares had fallen by 2.0% this
quarter.
    * The company reported quarterly net income of $372.67
million.
    * Wall Street's median 12-month price target for Apartment
Income
REIT Corp is $60.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated February 10 at 09:29 a.m.
 ​All figures in US dollars unless otherwise stated