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AIRC

Apartment Income Reit Corp

$38.71

Earnings Summary

Revenue
$198.67Mn
Net Profits
$-6.53Mn
Net Profit Margins
-3.28%
PE Ratio
8.99

Highlights

Revenue:

Apartment Income Reit Corp’s revenue fell -6.29% since last year same period to $198.67Mn in the Q1 2024. On a quarterly growth basis, Apartment Income Reit Corp has generated 1.17% jump in its revenue since last 3-months.

Net Profits:

Apartment Income Reit Corp’s net profit jumped 34.4% since last year same period to $-6.53Mn in the Q1 2024. On a quarterly growth basis, Apartment Income Reit Corp has generated 59.75% jump in its net profits since last 3-months.

Net Profit Margins:

Apartment Income Reit Corp’s net profit margin jumped 30% since last year same period to -3.28% in the Q1 2024. On a quarterly growth basis, Apartment Income Reit Corp has generated 60.22% jump in its net profit margins since last 3-months.

PE Ratio:

Apartment Income Reit Corp’s price-to-earnings ratio after this Q1 2024 earnings stands at 8.99.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Apartment Income Reit Corp post its latest quarter earnings

EPS Estimate Current Quarter
0.03
EPS Estimate Current Year
0.03

Highlights

EPS Estimate Current Quarter:

Apartment Income Reit Corp’s earning per share (EPS) estimates for the current quarter stand at 0.03 - a 50% jump from last quarter’s estimates.

EPS Estimate Current Year:

Apartment Income Reit Corp’s earning per share (EPS) estimates for the current year stand at 0.03.

Key Ratios

Key ratios of the Apartment Income Reit Corp post its Q1 2024 earnings

Earning Per Share (EPS)
-0.05
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.29
Dividend Per Share (DPS)
0.45

Highlights

Earning Per Share (EPS):

Apartment Income Reit Corp’s earning per share (EPS) jumped 37.5% since last year same period to -0.05 in the Q1 2024. This indicates that the Apartment Income Reit Corp has generated 37.5% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Apartment Income Reit Corp’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Apartment Income Reit Corp’s return on equity (ROE) stands at 0.29.

Dividend Per Share (DPS):

Apartment Income Reit Corp declared 0.45 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
0.02
-0.05
-350%