Avalonbay Communities (AVB) Tops Q3 FFO by 2c
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AvalonBay Communities, Inc. Announces Third Quarter 2017 Operating Results
October 30, 2017 4:15 PM EDTARLINGTON, Va.--(BUSINESS WIRE)-- AvalonBay Communities, Inc. (NYSE: AVB) (the Company) reported today that Net Income Attributable to Common Stockholders for the three months ended September 30, 2017 was $238,248,000. This resulted in a decrease in Earnings per Share diluted (EPS) of 33.6% to $1.72 for the three months ended September 30, 2017, from $2.59 for the prior year period.
Funds from Operations attributable to common stockholders - diluted (FFO) per share for the three months ended September 30, 2017 increased 10.9% to $2.34 from $2.11 for the prior year period.
Core FFO per share (as defined in this release) for the three months ended September 30, 2017 increased 5.8%... More
