AvalonBay Communities, Inc. (AVB) reported today that Net Income Attributable to Common Stockholders for the three months ended June 30, 2018 was $254,662,000. This resulted in an increase in Earnings per Share – diluted of 53.3% to $1.84 for the three months ended June 30, 2018, from $1.20 for the prior year period.
Funds from Operations attributable to common stockholders - diluted per share for the three months ended June 30, 2018 increased 16.3% to $2.21 from $1.90 for the prior year period. Core FFO per share (as defined in this release) for the three months ended June 30, 2018 increased 6.7% to $2.23 from $2.09 for the prior year period.
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