Avalonbay Communities (AVB) Tops Q1 FFO by 2c
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AvalonBay Communities, Inc. Announces First Quarter 2019 Operating Results
April 24, 2019 4:16 PM EDTARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. (NYSE: AVB) (the Company) reported today that Net Income Attributable to Common Stockholders for the three months ended March 31, 2019 was $170,366,000. This resulted in an increase in Earnings per Share diluted (EPS) for the three months ended March 31, 2019 of 19.4% to $1.23 from $1.03 for the prior year period.
Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended March 31, 2019 increased 6.5% to $2.31 from $2.17 for the prior year period. Core FFO per share (as defined in this release) for the three months ended March 31, 2019 increased 5.5%... More
