AvalonBay Communities Inc expected to post earnings of $1.39 a share - Earnings Preview

AvalonBay Communities,.

03/02/2025 21:26

* AvalonBay Communities Inc  AVB.N   AVB  is expected
to show a
rise in quarterly revenue when it reports  results on February 5
for the period ending December 31 2024
    * The Arlington Virginia-based  company is expected to
report a
16.3% increase in revenue to $739.915 million from $636.26
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data. (Revenue consensus is on Rental
and other income basis)
    * ​LSEG's mean analyst estimate for AvalonBay Communities
Inc is
for earnings of $1.39 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for AvalonBay
Communities Inc is $239.00​, above​ its last closing price
of $221.51. ​​​

The company's guidance on November 4 2024 for the period ended
December 31 was for Funds Flow from Operations between USD2.78
and USD2.88.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  2.73        2.73       2.74      Beat    0.5
 Jun. 30 2024  2.71        2.71       2.77      Beat    2.1
 Mar. 31 2024  2.65        2.65       2.70      Beat    2​
 Dec. 31 2023  2.75        2.74       2.63      Missed  -4.1
 ​​Sep.        2.62        2.62       2.48      Missed  -5.4
 30 2023                                                
 Jun. 30 2023  2.61        2.61       2.67      Beat    2.4​
 Mar. 31 2023  2.54        2.55       2.54      Missed  -0.3
 Dec. 31 2022  2.59        2.58       2.57      Missed  -0.6
 This summary was machine generated February 3 at 21:26 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)