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AvalonBay Communities (AVB) Q4 FFO Top Estimates
AvalonBay Communities (AVB) came out with quarterly funds from operations (FFO) of $2.43 per share, beating the Zacks Consensus Estimate of $2.40 per share. This compares to FFO of $2.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 1.25%. A quarter ago, it was expected that this apartment building owner would post FFO of $2.35 per share when it actually produced FFO of $2.34, delivering a surprise of -0.43%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
AvalonBay, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $593.57 million for the quarter ended December 2019, missing the Zacks Consensus Estimate by 0.08%. This compares to year-ago revenues of $578.52 million.
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https://finance.yahoo.com/news/avalonbay...10735.html
![[Bild: AVBc1dl1543.png]](https://finviz.com/publish/020620/AVBc1dl1543.png)
AvalonBay Communities (AVB) came out with quarterly funds from operations (FFO) of $2.43 per share, beating the Zacks Consensus Estimate of $2.40 per share. This compares to FFO of $2.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 1.25%. A quarter ago, it was expected that this apartment building owner would post FFO of $2.35 per share when it actually produced FFO of $2.34, delivering a surprise of -0.43%.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.
AvalonBay, which belongs to the Zacks REIT and Equity Trust - Residential industry, posted revenues of $593.57 million for the quarter ended December 2019, missing the Zacks Consensus Estimate by 0.08%. This compares to year-ago revenues of $578.52 million.
...
https://finance.yahoo.com/news/avalonbay...10735.html
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