Avalonbay Communities (AVB) Misses Q3 EPS by 5c

Avalonbay Communities (NYSE: AVB) reported Q3 EPS of $1.21, $0.05 worse than the analyst estimate of $1.26. Same Store total revenue increased $120,733,000, or 6.8%, to $1,899,041,000. Same Store Residential rental revenue increased $121,808,000, or 6.9%, to $1,878,017,000.

GUIDANCE:

Avalonbay Communities sees Q4 2023 EPS of $1.76-$1.86.

Avalonbay Communities sees FY2023 EPS of $6.61-$6.71.

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

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