What's In Store For Aimco's (AIV) Earnings This Season?

 | Jan 29, 2019 10:17PM ET

Apartment Investment & Management Co. (NYSE:AIV) — commonly known as Aimco — is slated to report fourth-quarter 2018 results on Feb 4, after the market closes. Its funds from operations (FFO) per share will likely reflect growth, while revenues might witness a year-over-year decline.

In the last reported quarter, this Denver, CO-based residential real estate investment trust (REIT) surpassed the Zacks Consensus Estimate posting pro forma FFO of 63 cents per share. Results displayed growth in same-store property net operating income (NOI) and same-store average daily occupancy.

Aimco has a mixed earnings surprise history. Over the trailing four quarters, the company surpassed the Zacks Consensus Estimate in one occasion, reported in-line numbers in the other two and missed in another. This resulted in average surprise of 0.42%. This is depicted in the chart below:

Apartment Investment and Management Company Price and EPS Surprise

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