Avalonbay Communities (AVB) Misses Q4 FFO by 1c

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Go back to Avalonbay Communities (AVB) Misses Q4 FFO by 1c

AvalonBay Communities, Inc. Announces 2018 Operating Results, 3.4% Dividend Increase and Initial 2019 Financial Outlook

February 4, 2019 4:15 PM EST

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 December 31, 2018 was $385,734,000. This resulted in an increase in Earnings per Share diluted (EPS) of 62.2% to $2.79 for the three months ended December 31, 2018, from $1.72 for the prior year period.

Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended December 31, 2018 decreased 0.5% to $2.17 from $2.18 for the prior year period. Core FFO per share (as defined in this release) for the three months ended December 31, 2018 increased 2.7%... More