AvalonBay Communities reports Q2 FFO of $2.86, beating estimates by $0.05

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

AvalonBay Communities reported second-quarter funds from operations of $2.86 per share, surpassing analyst expectations by $0.05. Same Store Residential revenue rose 1.6% to $709,586,000, while Same Store Residential operating expenses increased 2.9% to $221,034,000, resulting in a 1.0% gain in Same Store Residential net operating income to $488,552,000.

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