AvalonBay Communities (NYSE:AVB) Third Quarter 2022 Results
Key Financial Results
- Revenue: US$709.1m (up 21% from 3Q 2021).
- Funds from operations (FFO): US$343.9m (up 26% from 3Q 2021).
- FFO margin: 49% (up from 47% in 3Q 2021).
- FFO per share: US$2.5 (up from US$1.96 in 3Q 2021).
NYSE:AVB Earnings and Revenue Growth November 11th 2022
All figures shown in the chart above are for the trailing 12 month (TTM) period
AvalonBay Communities Earnings Insights
Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the REITs industry in the US.
Performance of the American REITs industry.
The company’s shares are up 1.0% from a week ago.
We should say that we’ve discovered 3 warning signs for AvalonBay Communities (2 are a bit unpleasant!) that you should be aware of before investing here.
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