---
schema_version: "secwatch.filing_event.v1"
accession: "0000915912-23-000016"
form_type: "8-K"
ticker: "AVB"
cik: "0000915912"
company_name: "AVALONBAY COMMUNITIES INC"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:27:42.866731+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AvalonBay Q3 Core FFO per share up 6.4% YoY to $2.66; GAAP EPS declines 65.7% to $1.21

## Summary
- Q3 2023 Core FFO per share rose 6.4% YoY to $2.66; FFO per share $2.48 (+0.8%).
- GAAP EPS fell 65.7% to $1.21 vs $3.53 a year ago, primarily due to lower real estate gains and depreciation.
- Same Store Residential NOI contributed $0.15 per share YoY improvement, driven by $0.22 revenue growth and $0.07 expense growth.
- YTD 2023 Core FFO per share $7.89 (+9.7% YoY); FFO per share $7.69 (+8.2%).

## SEC filing metadata
- accession: 0000915912-23-000016
- form_type: 8-K
- ticker: AVB
- cik: 0000915912
- company_name: AVALONBAY COMMUNITIES INC
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915912/000091591223000016/0000915912-23-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915912/000091591223000016/avb-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915912-23-000016
- JSON: https://secwatch.observer/filing/0000915912-23-000016.json
- Plain text: https://secwatch.observer/filing/0000915912-23-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.