---
schema_version: "secwatch.filing_event.v1"
accession: "0000915912-24-000009"
form_type: "8-K"
ticker: "AVB"
cik: "0000915912"
company_name: "AVALONBAY COMMUNITIES INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T07:06:37.360759+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000915912-24-000009
- form_type: 8-K
- ticker: AVB
- cik: 0000915912
- company_name: AVALONBAY COMMUNITIES INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915912/000091591224000009/0000915912-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915912/000091591224000009/avb-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915912-24-000009
- JSON: https://secwatch.observer/filing/0000915912-24-000009.json
- Plain text: https://secwatch.observer/filing/0000915912-24-000009.txt

## Key facts
- Earnings Releases
  AVALONBAY COMMUNITIES INC reported first quarter 2024 results: EPS EPS $ 1.22.
  - Period: first quarter 2024
  - EPS: EPS $ 1.22
  - Result: reported results
  source text: On April 25, 2024 , AvalonBay Communities, Inc. issued a press release announcing its first quarter 2024 operating results.
  evidence_url: https://www.sec.gov/Archives/edgar/data/915912/000091591224000009/0000915912-24-000009-index.htm

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