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Barchart
Barchart
Neha Panjwani

RARE PHOTOS: Avalonbay earnings preview what to expect | Rare Historical Photos

AVB

AvalonBay Communities, Inc. (AVB), headquartered in Arlington, Virginia, is an equity REIT in the business of developing, redeveloping, acquiring, and managing apartment communities in leading metropolitan areas. Valued at $31.4 billion by market cap, the company has a 30-year track record in some of the best U.S. markets across 12 states and Washington, DC. The leading multifamily REIT is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Monday, Nov. 4.

Ahead of the event, analysts expect AVB to report a profit of $2.71 per share on a diluted basis, up 1.9% from $2.66 per share in the year-ago quarter. The company beat the consensus estimate in each of the last four quarters. 

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