Avalonbay Communities (AVB) Reports In-Line Q3 FFO
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October 24, 2016 4:16 PM EDT
ARLINGTON, Va.--(BUSINESS WIRE)--
AvalonBay Communities, Inc. (NYSE: AVB) (the Company) reported today
that Net Income Attributable to Common Stockholders for the three months
ended September 30, 2016 was $356,392,000. This resulted in an increase
in Earnings per Share diluted (EPS) of 69.3% to $2.59 for the three
months ended September 30, 2016, from $1.53 for the prior year period.
Funds from Operations attributable to common stockholders - diluted
(FFO) per share for the three months ended September 30, 2016
increased 4.5% to $2.11 from $2.02 for the prior year period.
Core FFO per share for the three months ended September 30, 2016
increased 7.3% to $2.07 from $1.93 for the prior year... More
