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AvalonBay's (AVB) Q3 FFO Misses, Revenues Beat Estimates
AvalonBay Communities, Inc.’s AVB third-quarter 2019 core funds from operations (FFO) per share of $2.34 increased 2.6% year over year. However, the figure missed the Zacks Consensus Estimate by a penny.
This year-over-year growth indicates increase in average rental rates, while economic occupancy registered a decline.
Total revenues of $587.6 million were up 2% year over year. The revenue figure also surpassed the Zacks Consensus Estimate of $585.9 million.
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https://finance.yahoo.com/news/avalonbay...12819.html
![[Bild: AVBc1dl1750.png]](https://finviz.com/publish/102919/AVBc1dl1750.png)
AvalonBay Communities, Inc.’s AVB third-quarter 2019 core funds from operations (FFO) per share of $2.34 increased 2.6% year over year. However, the figure missed the Zacks Consensus Estimate by a penny.
This year-over-year growth indicates increase in average rental rates, while economic occupancy registered a decline.
Total revenues of $587.6 million were up 2% year over year. The revenue figure also surpassed the Zacks Consensus Estimate of $585.9 million.
...
https://finance.yahoo.com/news/avalonbay...12819.html
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