tradingkey.logo

AvalonBay Communities Inc <AVB.N> expected to post earnings of $1.39 a share - Earnings Preview

ReutersFeb 3, 2025 9:26 PM
  • AvalonBay Communities Inc AVB.N, AVB is expected to show a rise in quarterly revenue when it reports results on February 5 for the period ending December 31 2024

  • The Arlington Virginia-based company is expected to report a 16.3% increase in revenue to $739.915 million from $636.26 million a year ago, according to the mean estimate from 13 analysts, based on LSEG data. (Revenue consensus is on Rental and other income basis)

  • ​LSEG's mean analyst estimate for AvalonBay Communities Inc is for earnings of $1.39 per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 13 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for AvalonBay Communities Inc is $239.00​, above​ its last closing price of $221.51. ​​​

The company's guidance on November 4 2024 for the period ended December 31 was for Funds Flow from Operations between USD2.78 and USD2.88.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.73

2.73

2.74

Beat

0.5

Jun. 30 2024

2.71

2.71

2.77

Beat

2.1

Mar. 31 2024

2.65

2.65

2.70

Beat

2​

Dec. 31 2023

2.75

2.74

2.63

Missed

-4.1

​​Sep. 30 2023

2.62

2.62

2.48

Missed

-5.4

Jun. 30 2023

2.61

2.61

2.67

Beat

2.4​

Mar. 31 2023

2.54

2.55

2.54

Missed

-0.3

Dec. 31 2022

2.59

2.58

2.57

Missed

-0.6

This summary was machine generated February 3 at 21:26 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI