MAA Reports First Quarter Results
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GERMANTOWN, Tenn., April 28, 2021 /PRNewswire/ Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced operating results for the quarter ended March 31, 2021.
First Quarter 2021 Operating Results
Three months ended March
$
$
$
1.62
A reconciliation of FFO and Core FFO to net income available for MAA common shareholders and an expanded discussion of the components of FFO and Core FFO can be found later in this release. FFO per Share – diluted and Core FFO per Share –diluted include diluted common shares and units.
Eric Bolton, Chairman and Chief Executive Officer, said, First quarter results were ahead of expectations. We are encouraged with the trends in rent growth and continued strong occupancy, reflecting the growing demand for apartment housing across our Sunbelt markets. We believe our uniquely diversified portfolio across this high-growth regi
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Stanley Black & Decker Reports Record 1Q 2021 Results
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NEW BRITAIN, Conn., April 28, 2021 /PRNewswire/ Stanley Black & Decker (NYSE: SWK) today announced first quarter 2021 financial results.
1Q 21 Revenues Totaled $4.2 Billion, Up 34% Versus Prior Year Led By Tools & Storage With All Segments Contributing To 31% Organic Growth
1Q 21 Gross Margin Was 37.3%; Excluding Charges, 1Q 21 Gross Margin Was 37.4% Up 440 Basis Points Versus Prior Year
1Q 21 Operating Margin Was 16.9%; Excluding Charges 1Q 21 Operating Margin Was 17.6%, Up 760 Basis Points Versus Prior Year Driven By Volume, Price, Cost Control And Margin Resiliency
1Q 21 Diluted GAAP EPS Was $2.98; Excluding Charges, 1Q 21 Diluted EPS Was $3.13, Up 161% Versus Prior Year