Headquartered in Germantown, Tennessee, Mid-America Apartment Communities, Inc. (MAA) is a globally recognized real estate investment trust (REIT) with a market cap of $16.5 billion. It specializes in acquiring, developing, redeveloping, and managing multifamily homes across the Southeastern, southwestern, and mid-Atlantic regions of the United States. The company is set to announce its Q2 earnings for fiscal 2024 after the market closes on Wednesday, Jul. 31.
Ahead of the event, analysts expect Mid-America Apartment Communities to report an FFO of $2.20 per share, down 3.5% from $2.28 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing one other occasion.
