secwatch.observer — SEC 8-K summary
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Issuer:     AVALONBAY COMMUNITIES INC (AVB)
CIK:        0000915912
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000915912-23-000016
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915912/000091591223000016/0000915912-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915912/000091591223000016/avb-20231025.htm
  HTML page:      https://secwatch.observer/filing/0000915912-23-000016

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