Aimco Reports 2Q 2019 Results; Raises Same Store and AFFO Guidance
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Aimco (AIV) Posts Q2 Results, Raises AFFO Guidance
August 1, 2019 4:33 PM EDTAimco (NYSE: AIV) reported Q2 EPS of $0.04, $0.02 worse than the analyst estimate of $0.06. AFFO was $0.51.
Chairman and Chief Executive Officer Terry Considine comments: Aimco had another solid quarter, raising guidance for a second time this year. In Operations, we achieved peer-leading growth in revenue, margins, and bottom-line. We expanded the scope of work for accretive redevelopment of Flamingo Point in Miami Beach and, in early July, acquired... More
