AIV's Q3 Turnaround: Net Income Surges, Stock Drops
Update: 2025-11-11
Description
Apartment Investment and Management Company, or AIV, reports a significant turnaround in Q3, with a net income of $286.7 million, a stark contrast to last years loss. Despite some losses in discontinued operations, the companys core business revenue reached $35.1 million. AIV projects full-year earnings between $4.75 and $4.95 per share, indicating optimism. However, stock performance has been challenging, with shares dropping 41% this year, underperforming the S&P 500.
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