AvalonBay Communities is a real estate investment trust based in Arlington, Virginia, employing 3,039 people and operating around 279 apartment communities with over 83,655 homes across 12 states. The company focuses on multifamily community development in major metropolitan areas, including regions in New England, New York/New Jersey, and California.
Avalonbay Communities (AVB) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Avalonbay Communities's actual EPS was $2.61, beating the estimate of $1.46 per share, resulting in a 78.32% surprise.
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