AvalonBay Communities, Inc. Announces First Quarter 2015 Operating Result

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Jefferies Maintains Bullish View on AvalonBay (AVB) Post Q1

April 28, 2015 8:00 AM EDT

Jefferies analyst Omotayo Okusanya reiterated a Buy rating and $198 price target on AvalonBay Communities (NYSE: AVB) following Q1 results, noting while Q1 beat there was no 2015 guidance update.

Okusanya commented, "AVB reported 1Q15 FFO/sh of $1.88, which was $0.02 below our street high estimate of $1.90... More

Avalonbay Communities (AVB) Tops Q1 FFO by 5c

April 27, 2015 4:20 PM EDT

Avalonbay Communities (NYSE: AVB) reported Q1 FFO of $1.88, $0.05 better than the analyst estimate of $1.83.

Avalonbay Communities sees FY2015 FFO of $1.92 - $1.96, versus the consensus of $1.82.

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

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