Earnings Summary

Mid-america Apartment Communities Inc.’s revenue jumped 2.76% since last year same period to $543.62Mn in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated 0.25% jump in its revenue since last 3-months.

Mid-america Apartment Communities Inc.’s net profit jumped 5.77% since last year same period to $143.75Mn in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated -10.42% fall in its net profits since last 3-months.

Mid-america Apartment Communities Inc.’s net profit margin jumped 2.93% since last year same period to 26.44% in the Q1 2024. On a quarterly growth basis, Mid-america Apartment Communities Inc. has generated -10.65% fall in its net profit margins since last 3-months.

Mid-america Apartment Communities Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 30.08.

Mid-america Apartment Communities Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.01 - a -1.94% fall from last quarter’s estimates.

Mid-america Apartment Communities Inc.’s earning per share (EPS) estimates for the current year stand at 1.01.

Mid-america Apartment Communities Inc.’s earning per share (EPS) jumped 5.17% since last year same period to 1.22 in the Q1 2024. This indicates that the Mid-america Apartment Communities Inc. has generated 5.17% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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. Mid-america Apartment Communities Inc.’s return on assets (ROA) stands at 0.04.

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. Mid-america Apartment Communities Inc.’s return on equity (ROE) stands at 0.09.

Mid-america Apartment Communities Inc. declared 1.47 dividend per share during the earnings announcement for Q1 2024.