Mid-America Apartment Communities, Inc. (MAA) CEO Eric Bolton on Q2 2022 Results - Earnings Call Transcript

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Q2: 2022-07-27 Earnings Summary

10-Q
EPS of $1.82 beats by $0.74 | Revenue of $495.04M (13.30% Y/Y) beats by $6.40M

Mid-America Apartment Communities, Inc. (NYSE:MAA) Q2 2022 Results Conference Call July 28, 2022 10:00 AM ET

Company Participants

Eric Bolton - Chairman and CEO
Al Campbell - Executive VP, CFO
Rob DelPriore - Executive VP, CAO and General Counsel
Tom Grimes - Executive VP, COO
Brad Hill - Executive VP, Chief Investment Officer
Tim Argo - Executive VP, Chief Strategy and Analysis Officer
Joe Fracchia - Executive VP, Chief Technology and Innovation Officer
Andrew Schaeffer - Senior VP, Treasurer and Director of Capital Markets

Conference Call Participants

Nicholas Joseph - Citi
John Kim - BMO Capital Markets
Brad Heffern - RBC Capital Markets
Austin Wurschmidt - KeyBanc Capital
Rich Anderson - SMBC
Rob Stevenson - Janney
Anthony Powell - Barclays
Alexander Goldfarb - Piper Sandler
Chandni Luthra - Goldman Sachs
Tayo Okusanya - Credit Suisse

Operator

Good morning, ladies and gentlemen, and welcome to the MAA Second Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded today, July 28, 2022.

I will now turn the call over to Andrew Schaeffer, Senior Vice President, Treasurer and Director of Capital Markets of MAA for opening comments.

Andrew Schaeffer

Thank you, Gretchen, and good morning, everyone. This is Andrew Schaeffer, Treasurer and Director of Capital Markets for MAA. Members of the management team also participating on the call with me this morning are Eric Bolton, Tim Argo, Al Campbell, Rob DelPriore, Joe Fracchia, Tom Grimes and Brad Hill.

Before we begin with our prepared comments this morning, I want to point out that as part of this discussion, company management will be making forward-looking statements. Actual results may differ materially from our projections. We encourage you to refer to the forward-looking statements section in yesterday's earnings release and our 34x filings with the SEC, which describe risk factors that may impact

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