Avalonbay Communities (AVB) Tops Q3 EPS
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AvalonBay Communities, Inc. Announces Third Quarter 2019 Operating Results
October 28, 2019 4:15 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 September 30, 2019 was $279,677,000. This resulted in an increase in Earnings per Share diluted (EPS) for the three months ended September 30, 2019 of 43.9% to $2.00 from $1.39 for the prior year period.
Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended September 30, 2019 decreased 0.4% to $2.25 from $2.26 for the prior year period. Core FFO per share (as defined in this release) for the three months ended September 30, 2019 increased 2.6%... More
