Mid-America Apartment Communities, Inc. (MAA) Q4 2022 Earnings Call Transcript

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Q4: 2023-02-01 Earnings Summary

10-K
EPS of $1.67 beats by $0.41 | Revenue of $527.97M (13.89% Y/Y) misses by $1.93M

Mid-America Apartment Communities, Inc. (NYSE:MAA) Q4 2022 Earnings Conference Call February 2, 2023 10:00 AM ET

Company Participants

Eric Bolton - Chairman and CEO
Albert Campbell - Executive VP, CFO
Rob DelPriore - Executive VP, CAO and General Counsel
Brad Hill - Executive VP, Chief Investment Officer
Tim Argo - Executive VP, Chief Strategy and Analysis Officer
Andrew Schaeffer - Senior VP, Treasurer and Director of Capital Markets

Conference Call Participants

Nick Yulico - Scotiabank
Alexander Goldfarb - Piper Sandler
Austin Wurschmidt - KeyBanc Capital
Nick Joseph - Citi
Anthony Powell - Barclays
Chandni Luthra - Goldman Sachs
Haendel St. Juste - Mizuho
Rich Anderson - SMBC
Wes Golladay - Baird
Rob Stevenson - Janney
Michael Goldsmith - UBS
John Pawlowski - Green Street
Tayo Okusanya - Credit Suisse
Jamie Feldman - Wells Fargo

Operator

Good morning, ladies and gentlemen, and welcome to the MAA Fourth Quarter and Full Year 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode. Afterwards, the company will conduct a question-and-answer session. As a reminder, this conference call is being recorded today, February 22nd, 2022 [2023].

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

Andrew Schaeffer

Thank you, Natty 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

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