secwatch.observer — SEC 8-K summary
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Issuer:     AVALONBAY COMMUNITIES INC (AVB)
CIK:        0000915912
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000915912-23-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AvalonBay Q4 FFO $2.57 (+13.2% YoY); dividend up 3.8%; full-year Core FFO $9.79 (+18.5%)
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- Q4 2022 EPS $1.72 vs $2.40 YoY (-28.3%); FFO per share $2.57 vs $2.27 (+13.2%); Core FFO $2.59 vs $2.27 (+14.1%).
- Full-year 2022 EPS $8.12 vs $7.19 (+12.9%); FFO $9.67 vs $8.13 (+18.9%); Core FFO $9.79 vs $8.26 (+18.5%).
- Board approved 3.8% quarterly dividend increase; specific per-share amount not disclosed in release.
- Q4 Core FFO slightly below November 2022 outlook ($2.59 actual vs $2.60 projected midpoint).
- Same Store Residential NOI contributed $0.29 per share to Q4 Core FFO growth vs prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915912/000091591223000002/0000915912-23-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915912/000091591223000002/avb-20230208.htm
  HTML page:      https://secwatch.observer/filing/0000915912-23-000002

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