Avalonbay Communities (AVB) Tops Q4 EPS
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AvalonBay Communities, Inc. Announces 2021 Operating Results and Initial 2022 Financial Outlook
February 2, 2022 4:18 PM ESTARLINGTON, 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, 2021 was $335,209,000. This resulted in a decrease in Earnings per Share diluted (EPS) for the three months ended December 31, 2021 of 1.6% to $2.40 from $2.44 for the prior year period, primarily attributable to a decrease in gain on sale of real estate and an increase in depreciation expense, as detailed in the table below.
Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended December 31, 2021 increased... More
