secwatch.observer — SEC 8-K summary
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Issuer:     AVALONBAY COMMUNITIES INC (AVB)
CIK:        0000915912
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000915912-22-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AvalonBay Q2 Core FFO $2.43 beat, up 22.7% YoY; EPS $0.99 on lower gains
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- Q2 net income $138.7M; EPS $0.99 vs $3.21, down 69.2% largely on lower gain on sale.
- FFO per share $2.41 (+22.3% YoY); Core FFO $2.43 (+22.7% YoY), exceeding April outlook midpoints.
- Same Store Residential NOI contributed $0.41 per share on $0.46 revenue increase.
- Six-month 2022 EPS $2.86 (-32.4% YoY), FFO $4.65 (+18.9%), Core FFO $4.69 (+19.3%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915912/000091591222000013/0000915912-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915912/000091591222000013/avb-20220727.htm
  HTML page:      https://secwatch.observer/filing/0000915912-22-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer