Avalonbay communities, inc. announces third quarter 2021 operating results and fourth quarter 2021 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 september 30, 2021 was $78,914,000. this resulted in a decrease in earnings per share – diluted (“eps”) for the three months ended september 30, 2021 of 46.7% to $0.56 from $1.05 for the prior year period, primarily attributable to a decrease in gain on sale of real estate, as detailed in the table below. funds fro
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