05:01 PM EDT, 07/31/2024 (MT Newswires) -- Mid-America Apartment Communities ( MAA ) reported Q2 core adjusted funds from operations late Wednesday of $1.92 per diluted share, down from $2.01 a year earlier.

Analysts polled by Capital IQ expected adjusted FFO of $1.93.

Rental and other property revenue for the quarter ended June 30 was $546.4 million, up from $535.1 million.

Analysts surveyed by Capital IQ expected $545 million.

The company narrowed its full-year 2024 core adjusted funds from operations guidance to a range of $7.78 to $8.06 per share from $7.74 to $8.10 previously. Analysts polled by Capital IQ expect adjusted FFO of $7.87.