Apartment Income REIT Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 194.24 million compared to USD 198.41 million a year ago. Revenue was USD 197.31 million compared to USD 200.87 million a year ago. Net income was USD 664.03 million compared to USD 1.76 million a year ago. Basic earnings per share from continuing operations was USD 4.5 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 4.43 compared to USD 0.01 a year ago.
For the nine months, sales was USD 616.66 million compared to USD 558.69 million a year ago. Revenue was USD 623.68 million compared to USD 565.85 million a year ago. Net income was USD 651.31 million compared to USD 574.86 million a year ago. Basic earnings per share from continuing operations was USD 4.39 compared to USD 3.69 a year ago. Diluted earnings per share from continuing operations was USD 4.35 compared to USD 3.68 a year ago.