American Campus Communities (ACC) Scheduled to Post Earnings on Monday
American Campus Communities (NYSE:ACC) is set to release its earnings data after the market closes on Monday, October 22nd. Analysts expect American Campus Communities to post earnings of $0.44 per share for the quarter. American Campus Communities has set its FY18 guidance at $2.33-2.43 EPS.
American Campus Communities (NYSE:ACC) last released its quarterly earnings data on Monday, July 23rd. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.01). American Campus Communities had a net margin of 12.97% and a return on equity of 3.29%. The business had revenue of $190.20 million during the quarter, compared to analyst estimates of $190.23 million. During the same period in the previous year, the business earned $0.53 earnings per share. The business’s quarterly revenue was up 11.9% on a year-over-year basis. On average, analysts expect American Campus Communities to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
ACC opened at $40.30 on Friday. American Campus Communities has a 12-month low of $34.52 and a 12-month high of $43.86. The company has a market capitalization of $5.52 billion, a PE ratio of 17.39 and a beta of 0.14. The company has a quick ratio of 1.43, a current ratio of 1.43 and a debt-to-equity ratio of 0.77.
American Campus Communities Company Profile
American Campus Communities, Inc is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties.
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