AvalonBay Communities, Inc. (AVB) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2017 was $165,225,000. This resulted in a decrease in Earnings per Share – diluted of 16.7% to $1.20 for the three months ended June 30, 2017, from $1.44 for the prior year period.

Funds from Operations attributable to common stockholders - diluted (“FFO”) per share for the three months ended June 30, 2017 decreased 4.5% to $1.90 from $1.99 for the prior year period.

Core FFO per share (as defined in this release) for the three months ended June 30, 2017 increased 3.0% to $2.09 from $2.03 for the prior year period.

READ FULL ARTICLE HERE