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AI English summary of an SEC filing — figures as filed

Mid-America Apartment Communities logoMid-America Apartment Communities MAA

MAA said diluted earnings per share for Q2 2025 were $0.92, compared with $0.86 a year earlier, and diluted Core FFO was $2.15 per share, compared with $2.22 a year earlier.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. MAA said diluted earnings per share for Q2 2025 were $0.92, compared with $0.86 a year earlier, and diluted Core FFO was $2.15 per share, compared with $2.22 a year earlier.

  2. The company said Same Store revenue for Q2 2025 changed -0.3% from a year earlier, expenses changed 3.8%, and NOI changed -2.6%. Same Store average effective rent per unit for the same quarter was $1,690, and average physical occupancy was 95.4%.

  3. Mid-America Apartment Communities said on June 30, 2025 that the total expected cost of its 8 communities under development was $942.5 million. It said 4 recently completed development communities and 2 recently acquired communities were in lease-up, with a cumulative cost of $573.9 million.

  4. The company said it revised its full-year 2025 diluted earnings per share outlook to $5.25 to $5.49 from the prior range of $5.51 to $5.83. It revised its full-year diluted Core FFO outlook to $8.65 to $8.89, and the midpoint of $8.77 is unchanged from the prior outlook.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 diluted earnings per share and Core FFO

MAA said diluted earnings per share for Q2 2025 were $0.92, compared with $0.86 a year earlier, and diluted Core FFO was $2.15 per share, compared with $2.22 a year earlier.

Source · Based on the filing body and exhibits

Same Store Q2 revenue, expense and NOI changes

The company said Same Store revenue for Q2 2025 changed -0.3% from a year earlier, expenses changed 3.8%, and NOI changed -2.6%. Same Store average effective rent per unit for the same quarter was $1,690, and average physical occupancy was 95.4%.

Source · Based on the filing body and exhibits

Development and lease-up activity

Mid-America Apartment Communities said on June 30, 2025 that the total expected cost of its 8 communities under development was $942.5 million. It said 4 recently completed development communities and 2 recently acquired communities were in lease-up, with a cumulative cost of $573.9 million.

Source · Based on the filing body and exhibits

2025 full-year outlook revised

The company said it revised its full-year 2025 diluted earnings per share outlook to $5.25 to $5.49 from the prior range of $5.51 to $5.83. It revised its full-year diluted Core FFO outlook to $8.65 to $8.89, and the midpoint of $8.77 is unchanged from the prior outlook.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.