AvalonBay (AVB) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
AVBAvalonBay Communities(AVB) Zacks Investment Research·2024-04-26 07:01

For the quarter ended March 2024, AvalonBay Communities (AVB) reported revenue of 712.86million,up5.7712.86 million, up 5.7% over the same period last year. EPS came in at 2.70, compared to 1.05intheyear−agoquarter.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.05 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of 706.61 million, representing a surprise of +0.88%. The company delivered an EPS surprise of +2.27%, with the consensus EPS estimate being $2.64. While investors scrutinize revenue and earnings changes year-over-year and how they compare with ...