What to Expect From AvalonBay (AVB) This Earnings Season?

AvalonBay Communities, Inc. (AVB) , a leading real estate investment trust (REIT) specializing in the development, acquisition and management of multifamily properties, is set to announce its fourth-quarter and full-year 2023 results after the closing bell on Jan 31.In the last reported quarter, this residential REIT delivered a surprise of 0.76% in terms of core funds from operations (FFO) per share. The quarterly results reflected a year-over-year increase in same-store residential rental revenues, driven ...