Mid-America Apartment Communities, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 542.25 million compared to USD 527.97 million a year ago. Net income was USD 160.48 million compared to USD 193.62 million a year ago. Basic earnings per share from continuing operations was USD 1.37 compared to USD 1.67 a year ago. Diluted earnings per share from continuing operations was USD 1.37 compared to USD 1.67 a year ago.
For the full year, sales was USD 2,148.47 million compared to USD 2,019.87 million a year ago. Net income was USD 552.81 million compared to USD 637.44 million a year ago. Basic earnings per share from continuing operations was USD 4.71 compared to USD 5.49 a year ago. Diluted earnings per share from continuing operations was USD 4.71 compared to USD 5.48 a year ago.