Don't miss out on Monday 4th November 2024, when AvalonBay Communities (NYSE: AVB) will disclose its third quarter financial results after market close. Investors will have the chance to learn more about the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the company is poised to announce an anticipated per share $1.45 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $731.53 million for this specific period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $2.9 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $5.77 during the fiscal year.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $2.66. This was a direct result of the company's total revenue, which amounted to an impressive $697.64 million during that specific period.
AVB has scheduled a conference call on 5th November 2024 at 11:00 AM eastern time to discuss the third quarter financial results and other related information.
AvalonBay Communities (AVB) shares experienced a range of $216.19 to $223.00 on a day volume of 878.60 thousand shares. The stock closed Friday's regular trading session at $216.28, showing a 2.41 percent drop.