Apartment Income REIT Corp - Class A logo

AIRC

Apartment Income REIT Corp - Class A

$45.01

Earnings Summary

Revenue
$183.5Mn
Net Profits
$196.72Mn
Net Profit Margins
107.21%
PE Ratio
7.54

Highlights

Revenue:

Apartment Income REIT Corp - Class A’s revenue jumped 2.9% since last year same period to $183.5Mn in the Q2 2022. On a quarterly growth basis, Apartment Income REIT Corp - Class A has generated 1.11% jump in its revenue since last 3-months.

Net Profits:

Apartment Income REIT Corp - Class A’s net profit jumped 1196.07% since last year same period to $196.72Mn in the Q2 2022. On a quarterly growth basis, Apartment Income REIT Corp - Class A has generated -47.71% fall in its net profits since last 3-months.

Net Profit Margins:

Apartment Income REIT Corp - Class A’s net profit margin jumped 1165.2% since last year same period to 107.21% in the Q2 2022. On a quarterly growth basis, Apartment Income REIT Corp - Class A has generated -48.28% fall in its net profit margins since last 3-months.

PE Ratio:

Apartment Income REIT Corp - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 7.54.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Apartment Income REIT Corp - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.09
EPS Estimate Current Year
0.09

Highlights

EPS Estimate Current Quarter:

Apartment Income REIT Corp - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.09 - a -59.09% fall from last quarter’s estimates.

EPS Estimate Current Year:

Apartment Income REIT Corp - Class A’s earning per share (EPS) estimates for the current year stand at 0.09.

Key Ratios

Key ratios of the Apartment Income REIT Corp - Class A post its Q2 2022 earnings

Earning Per Share (EPS)
1.26
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.51
Dividend Per Share (DPS)
1.79

Highlights

Earning Per Share (EPS):

Apartment Income REIT Corp - Class A’s earning per share (EPS) jumped 1150% since last year same period to 1.26 in the Q2 2022. This indicates that the Apartment Income REIT Corp - Class A has generated 1150% 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 - Class A’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 - Class A’s return on equity (ROE) stands at 0.51.

Dividend Per Share (DPS):

Apartment Income REIT Corp - Class A declared 1.79 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-08-01
0.22
1.26
472.73%
2022-05-04
0.39
2.39
512.82%

Company Information

Apartment Income REIT Corp. (AIR) is a real estate investment trust focused on the ownership and management of quality apartment communities located in the largest markets in the United States. AIR is one of the country's largest owners and operators of apartments, with 98 communities in 12 states and the District of Columbia. AIR common shares are traded on the New York Stock Exchange under the ticker symbol AIRC, and are included in the S&P 400.

Organisation
Apartment Income REIT Corp - Class A
Employees
2.02K