Avalonbay communities, inc. announces second quarter 2023 operating results and third quarter and full year 2023 financial outlook

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) reported earnings per share – diluted (“eps”), funds from operations attributable to common stockholders - diluted (“ffo”) per share and core ffo per share (as defined in this release) for the three and six months ended june 30, 2023 and 2022 as detailed below.       q2 2023   q2 2022   %         change eps   $ 2.59   $ 0.99   161.6 % ffo per share (1) $ 2.67   $ 2.41   10.8 % core ffo per share (1) $ 2.66.
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