Shares of Apartment Income REIT Corp. (AIRC) were rising more than 23 percent in pre-market on Monday to $38.61, after The Wall Street Journal reported that alternative asset manager Blackstone has agreed to acquire the company for about $10 billion.
Although the revenue and EPS for Apartment Income REIT Corp. (AIRC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
A fit population would have different habits that could ripple through the economy and eventually be felt by the real estate industry, Jefferies predicts.