For the quarter ended September 2026, Mid-America Apartment Communities (MAA) reported revenue of $560.13 million, up 1% over the same period last year. EPS came in at $2.10, compared to $0.84 in the year-ago quarter.
The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $557.98 million. With the consensus EPS estimate being $2.10, the company has not delivered EPS surprise.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Mid-America Apartment Communities performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Average Physical Occupancy - Same store: 95.3% versus 95.2% estimated by four analysts on average.
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Operating Revenues- Non-Same Store Communities, Lease-up/Development Communities and Commercial Property/Land: $41.06 million compared to the $37.11 million average estimate based on two analysts. The reported number represents a change of +22.5% year over year.
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Operating Revenues- Same Store Communities: $519.07 million compared to the $521.1 million average estimate based on two analysts. The reported number represents a change of -0.3% year over year.
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Net Earnings Per Share (Diluted): $0.72 versus the six-analyst average estimate of $0.78.
View all Key Company Metrics for Mid-America Apartment Communities here>>>
Shares of Mid-America Apartment Communities have returned +0.3% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Mid-America Apartment Communities, Inc. (MAA) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
