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-0.00049245646237191 -0.00049245646237191 -0.000335765769798937 0.00035815015445231 0.0015221381564221 0.00255181985047228 0.00185790392622103 0.00505887093163807
Stock impact report

AvalonBay Q3 FFO & Revenues Surpass Estimates, View Revised [Yahoo! Finance]

AvalonBay Communities, Inc. (AVB) 
Last avalonbay communities, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.avalonbay.com
Company Research Source: Yahoo! Finance
Moreover, the figure climbed 3% from the prior-year quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar The quarterly results reflected a year-over-year increase in same-store residential revenues. Same-store average monthly revenue per occupied home also rose. This residential REIT revised its 2024 core FFO per share outlook. Total revenues in the quarter came in at $734.3 million, which outpaced the Zacks Consensus Estimate of $731.7 million. The figure increased 5.3% % on a year-over-year basis. In the reported quarter, same-store residential revenues climbed 3.1% year over year to $671.5 million. Same-store residential operating expenses rose 5.4% to $214.8 million. Same-store residential NOI climbed 2.0% to $456.7 million from the prior-year period. Same-store average revenue per occupied home rose to $3033 in the third quarter, up from $2,939 in the third quarter of 2023. The same-store economic occupancy was 95.6%, decreasing 10 basis poi Show less Read more
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