AHH - Armada Hoffler Properties FFO of $0.32 beats by $0.01 revenue of $165.94M beats by $108.17M

2023-08-03 06:02:41 ET

• Armada Hoffler Properties press release ( NYSE: AHH ): Q2 FFO of $0.32 beats by $0.01 .
• Revenue of $165.94M (+59.8% Y/Y) beats by $108.17M .

• Announced $50 Million Common and Preferred Stock Repurchase Program

  Maintained 2023 Full-Year Normalized FFO Guidance Range of $1.23 to $1.27 Per Diluted Share

• • Maintained a 97% weighted average portfolio occupancy as of June 30, 2023. Multifamily occupancy was 96%, office occupancy was 96%, and retail occupancy was 98%.

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