secwatch.observer — SEC 8-K summary
======================================

Issuer:     AVALONBAY COMMUNITIES INC (AVB)
CIK:        0000915912
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000915912-24-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915912/000091591224000002/0000915912-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915912/000091591224000002/avb-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000915912-24-000002

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