Avalonbay Communities (AVB) Tops Q2 EPS by 51c; offers guidance

Avalonbay Communities (NYSE: AVB) reported Q2 EPS of $1.78, $0.51 better than the analyst estimate of $1.27. Revenue for the quarter came in at $672.9 million versus the consensus estimate of $718.16 million.

GUIDANCE:

Avalonbay Communities sees Q3 2024 EPS of $2.69-$2.79.

Avalonbay Communities sees FY2024 EPS of $7.34-$7.54.

Projected Core FFO per share (diluted) - Q3 2024 $2.66- $2.76

Projected FFO per share (diluted) - Full Year 2024 $10.84- $11.04

For earnings history and earnings-related data on Avalonbay Communities (AVB) click here.

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