Mid America Apartment Communities Posts Q3 Diluted EPS of $0.84 and FFO Per Share of $2.14
Mid America Apartment Communities Inc. reported diluted earnings per common share of $0.84 for the third quarter of 2025, compared to $0.98 for the same period in 2024. For the nine months ended September 30, 2025, diluted earnings per common share were $3.30, up from $3.07 in the prior year period. Funds from operations (FFO) per diluted share for the third quarter of 2025 were $2.14, compared to $2.10 in the third quarter of 2024. For the nine-month period, FFO per diluted share was $6.53, compared to $6.57 in the previous year. Core FFO per diluted share for the third quarter was $2.16, down from $2.21 in the third quarter of 2024. Following the end of the third quarter, Mid-America Apartments, L.P., the company's operating partnership, amended its unsecured revolving credit facility to increase borrowing capacity to $1.5 billion and extended the maturity to January 2030. The company also amended its commercial paper program, raising the maximum aggregate principal amount outstanding to $750.0 million. The company's guidance for fourth quarter 2025 FFO per diluted share is $2.23.
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