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American Campus Communities Announces First Quarter Earnings Release and Conference Call

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American Campus Communities (NYSE:ACC) announced it will report its Q1 2021 financial results on April 19, 2021, after market close. An earnings conference call for investors is scheduled for April 20, 2021, at 10 a.m. ET. As of December 31, 2020, ACC owned 166 student housing properties with approximately 111,900 beds. The company manages an additional 40 properties, bringing the total to around 141,100 beds. The press release includes forward-looking statements regarding the potential impact of the COVID-19 pandemic on business operations.

Positive
  • None.
Negative
  • Risks related to the COVID-19 pandemic are highlighted, which could impact operational performance.
  • The forward-looking statements indicate uncertainties about future operational results.

American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced that the company will report financial results for the first quarter after the market close on Monday, April 19, 2021. The company will host its quarterly earnings conference call for investors and other interested parties on Tuesday, April 20, 2021 at 10 a.m. Eastern Time (ET). The press release will be available in the Investor Relations section of the company’s website.

The conference call may be accessed by dialing 888-317-6003 passcode 8021828, or 412-317-6061 for international participants. An accompanying slide presentation will be accessible through the internet. To listen to the live webcast, go to www.americancampus.com at least 15 minutes prior to the call so that required audio software can be downloaded. A replay of the conference call will be available beginning one hour after the end of the call until May 5, 2021 by dialing 877-344-7529 or 412-317-0088 conference number 10153211. Additionally, the replay will be available for one year at www.americancampus.com.

About American Campus Communities

American Campus Communities, Inc. is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties. As of December 31, 2020, American Campus Communities owned 166 student housing properties containing approximately 111,900 beds. Including its owned and third-party managed properties, ACC's total managed portfolio consisted of 206 properties with approximately 141,100 beds. Visit www.americancampus.com.

Forward-Looking Statements

In addition to historical information, this press release contains forward-looking statements under the applicable federal securities law. These statements are based on management’s current expectations and assumptions regarding markets in which American Campus Communities, Inc. (the “Company”) operates, operational strategies, anticipated events and trends, the economy, and other future conditions. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. These risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward looking-statements include those related to the COVID-19 pandemic, about which there are still many unknowns, including the duration of the pandemic and the extent of its impact, and those discussed in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2020 under the heading “Risk Factors” and under the heading “Business - Forward-looking Statements” and subsequent quarterly reports on Form 10-Q. We undertake no obligation to publicly update any forward-looking statements, including our preleasing activity or expected full year 2021 operating results, whether as a result of new information, future events, or otherwise.

FAQ

When will American Campus Communities release its Q1 2021 earnings?

American Campus Communities will release its Q1 2021 earnings on April 19, 2021, after the market close.

What date is the conference call for American Campus Communities Q1 2021 results?

The conference call for American Campus Communities Q1 2021 results is scheduled for April 20, 2021, at 10 a.m. ET.

How many properties does American Campus Communities own as of December 31, 2020?

As of December 31, 2020, American Campus Communities owned 166 student housing properties.

What is the total number of beds managed by American Campus Communities?

The total number of beds managed by American Campus Communities, including owned and third-party managed properties, is approximately 141,100.

What risks are associated with American Campus Communities' forward-looking statements?

Forward-looking statements by American Campus Communities include risks related to the COVID-19 pandemic and its potential impact on operations.

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