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Apartment Investment and Management Co Issues Q4 2013 FFO Guidance In Line With Analysts' Estimates; Narrows FY 2013 FFO Guidance To A Range In Line With Analysts' Estimates


Thursday, 31 Oct 2013 04:05pm EDT 

Apartment Investment and Management Co announced that for the fourth quarter of 2013, it expects net income per share to be between $0.10-$0.16, pro forma FFO per share to be between $0.53-$0.59 and AFFO per share to be between $0.38-$0.44. For fiscal 2013, it expects net income per share to be between $0.66-$0.72 (prior net income per share guidance was between $0.18-$0.26 , pro forma FFO per share to be between $2.00-$2.06 (prior pro forma FFO per share guidance was between $1.99-$2.07) and AFFO per share to be between $1.48-$1.55 (prior AFFO per share guidance was between $1.48-$1.56) . According to I/B/E/S Estimates, analysts on an average are expecting the Company to report FFO per share of $0.57 for the fourth quarter of 2013 and FFO per share of $2.04 for fiscal 2013.