Mid America Apartment Com

Q2 FY2026 EarningsQ2 FY26 results missed consensus estimates across top and bottom-line metrics, with revenue of $555.1M vs. $556.6M expected and normalized EPS of $0.79 matching consensus but GAAP EPS beating at $1.04. The Core FFO attributable to shareholders declined 3.9% YoY to $247.5M, impacted by an 18% increase in interest expenses and a 1.9% rise in property operating costs. Same Store revenue fell 0.3% YoY due to a slight decline in average effective rent, while Non-Same Store segments grew 22.1% driven by new developments.