Avalonbay communities, inc. announces 2021 operating results and initial 2022 financial outlook

Arlington, va.--(business wire)--avalonbay communities, inc. (nyse: avb) (the “company”) reported today that net income attributable to common stockholders for the three months ended december 31, 2021 was $335,209,000. this resulted in a decrease in earnings per share – diluted (“eps”) for the three months ended december 31, 2021 of 1.6% to $2.40 from $2.44 for the prior year period, primarily attributable to a decrease in gain on sale of real estate and an increase in depreciation expense, as
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