earnings
confidence high
sentiment positive
materiality 0.60
AvalonBay Communities Reports Q1 2026 EPS Up 40.4% to $2.33, Core FFO Flat at $2.83
AVALONBAY COMMUNITIES INC
2026-Q1 EPS reported
$2.33
revenue$770,279,000
- Q1 2026 EPS rose 40.4% to $2.33 from $1.66 year-over-year.
- Core FFO per share was flat at $2.83; FFO per share declined 2.2% to $2.72.
- Same Store Residential NOI increased 0.2% to $479.9M on revenue growth of 1.6%.
- Completed development of Avalon Lake Norman (345 homes) in Mooresville, NC for $102M total cost.
- Company reaffirms full-year 2026 Core FFO and FFO outlook; updates EPS outlook.