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Preferred Apartment Communities Inc  (APTS)
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EARNINGS REPORT by CSIMarket

Recorded Loss, Sales very Strong


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Preferred Apartment Communities Inc announced second quarter 2017 operating income of $13.675576 millions



For the second quarter 2017 Preferred Apartment Communities Inc lost money of $-0.40 per share compare to $-0.40 a year ago and eps fell from $0.54 per share from the previous quarter.

Sales grew strongly by 54.6 % to $71 millions from $46 millions in the same quarter a year ago and sequentially Sales increased by 6.5 % from $67 millions.



Net income of $3 millions in the second quarter 2017 increased by 1419.32 % from break-even achieved in the corresponding quarter a year ago. Preferred Apartment Communities Inc also emphasized it's improving profit margins, where net margin rose to 4.66% in second quarter 2017, and operating margin edged up to 19.29%.
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Preferred Apartment Communities Inc reported first quarter 2017 earnings

Preferred Apartment Communities Inc reported forth quarter 2016 earnings

Preferred Apartment Communities Inc reported third quarter 2016 earnings

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