AvalonBay (AVB) Q2 Core FFO Jumps 1.8%

AvalonBay Communities (NYSE:AVB), a leading apartment real estate investment trust (REIT) concentrated in high-demand U.S. metro regions, released Q2 FY2025 earnings on July 31, 2025. The company reported Core Funds From Operations (Core FFO) per share of $2.82 for Q2 FY2025 and edged up 1.8% from the prior year’s result (non-GAAP). GAAP earnings per share reached $1.88 for Q2 2025, up from $1.78 in Q2 2024. Same Store Residential revenue and Net Operating Income both grew, although operating expenses rose at an even faster rate. Overall, the quarter outperformed forecasts, with non-GAAP EPS of $2.82 exceeding the analysts' estimate of $1.20, even as growth trends moderated compared to previous years. Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report. AvalonBay Communities is an apartment REIT specializing in the ownership, development, and management of multifamily rental communities in high-barrier and expansion markets across the U.S. As of June 30, 2025, it held interests in 315 properties totaling 97,212 apartment homes across 11 states and Washington, D.C. Its portfolio targets metro regions with strong job growth, high housing costs, and healthy demand for rentals.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool