Mid-America Apartment Communities, Inc. · MAA · Next earnings

Mid-America Apartment Communities, Inc. reports Wednesday, Oct 28, 2026

MAA reports after market close with consensus EPS at $0.80 and revenue at $558.9M. Last quarter: MAA Q1 2026: Core FFO Beats on Stable Occupancy, Development Spend Trimmed

Reports After market close38 days awayDate estimated Real Estate

What the street expects

Consensus for the coming report
Consensus EPS $0.80 Calendar consensus
Consensus revenue $558.9M Calendar consensus
Report date Oct 28, 2026 Wednesday, date estimated
Session After market close 38 days away

Where MAA left off: FY2026 Q1

Full report

MAA Q1 2026: Core FFO Beats on Stable Occupancy, Development Spend Trimmed

EPS surprise +31.5% Reported $1.09 vs $0.83
Revenue surprise -0.4% Reported $553.7M vs $555.8M
Stock move -0.4% Event window
Subsequent drift -0.1% Up to 20 sessions

Full-year 2026 guidance was reaffirmed at the midpoint. The core FFO range of $8.35-$8.71 per share (established last quarter) was maintained. Blended lease growth target of 1%-1.5% was reiterated. Development spend was trimmed by $50M to $350M, with the project start count reduced from 5-7 to 4. Guidance sentiment is maintained.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Continued supply pressure in high-growth markets like Austin and Charlotte.
  • Macro-economic uncertainty affecting new lease pricing and demand trends.
  • Higher interest expense from additional borrowing and litigation settlement costs.
  • Dependence on concession reductions and renewal performance for earnings growth.
  • Potential delays in development approvals and land acquisitions.

Questions analysts left open

  • Specific blended lease guidance for Q2 and the remainder of the year.
  • Concession levels and their burn-off timeline in underperforming markets.
  • Reasoning behind the reduced development spend and project start schedule.
  • Capital allocation balance between buybacks and new development projects.
  • Impact and timing of Wi-Fi retrofit revenue contribution.

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Recent MAA quarters

All MAA earnings
-0.4%FY2026 Q1

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.