AvalonBay Q1 2024 EPS $1.22 beats $1.11 outlook; Core FPO per share $2.70 (+5.1% YoY)

AVALONBAY COMMUNITIES INC

2024-Q1 EPS reported $1.22 revenue$712,859,000

EPS $1.22, up 16.2% YoY from $1.05; Core FFO $2.70 beat January mid-point outlook of $2.61.
Same Store Residential revenue $669M (+4.2% YoY); Same Store NOI $463.7M (+3.7%).
Same Store Residential operating expenses rose 5.2% to $205.5M, pressuring margins.
FFO per share $2.73 (+7.5% YoY); Core FFO $2.70 (+5.1%); both exceeded guidance.

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 first quarter 2024 results: EPS EPS $ 1.22.

Period: first quarter 2024
EPS: EPS $ 1.22
Result: reported results

Exact text from the filing

On April 25, 2024 , AvalonBay Communities, Inc. issued a press release announcing its first quarter 2024 operating results.

View on SEC.gov

1447 earnings releases filed in the last 30 days. Browse all earnings releases →

AVALONBAY COMMUNITIES INC filing history →

Source: SEC EDGAR

accession 0000915912-24-000009

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.