AVB Q4 Core FFO up 5.8% YoY to $2.74; dividend raised 3.0%

AVALONBAY COMMUNITIES INC

2023-FY EPS reported $6.56 revenue$2,767,909,000

Q4 2023 EPS $1.70 (down 1.2% YoY); Core FFO $2.74 (up 5.8% YoY).
Full year 2023 Core FFO $10.63 per share, up 8.6% from $9.79 in 2022.
Full year EPS fell 19.2% to $6.56, largely due to lower real estate gains.
Dividend increased by 3.0%; initial 2024 financial outlook provided.
Same Store Residential NOI contributed $0.12/share in Q4 from $0.20 revenue growth.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AVALONBAY COMMUNITIES INC reported the three months and year ended December 31, 2023 results: EPS $ 1.70 (Q4 2023).

Period: the three months and year ended December 31, 2023
EPS: $ 1.70 (Q4 2023)
Result: reported results

Exact text from the filing

AvalonBay Communities, Inc. issued a press release announcing its fourth quarter 2023 operating results.

View on SEC.gov

Browse all earnings releases →

AVALONBAY COMMUNITIES INC filing history →

Source: SEC EDGAR

accession 0000915912-24-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.