AvalonBay (AVB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

AvalonBay Communities (AVB) reported $726.04 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.1%. EPS of $2.77 for the same period compares to $2.59 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $718.49 million, representing a surprise of +1.05%. The company delivered an EPS surprise of +2.21%, with the consensus EPS estimate being $2.71.While investors closely watch year-over-year changes in headline numbers -- revenue and earning ...