Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
3 Months : From Oct 2019 to Jan 2020
By Robert Barba
AvalonBay Communities Inc. (AVB) reported net income for the third quarter of $279.7 million, up from 45% from a year earlier.
The real-estate investment trust said core funds from operations were $2.34 a share, compared with $2.28 a share a year earlier.
Analysts polled by FactSet expected core funds from operations of $2.35 a share.
Total revenue from established communities including uncollectible lease revenue was $461.2 million, up from $449.1 million a year earlier.
Write to Robert Barba at email@example.com
(END) Dow Jones Newswires
October 28, 2019 16:46 ET (20:46 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.