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Dec 31, 2024
AvalonBay Q4 2024 Earnings Report
Expected Revenue:$741M
+5.0% YoY
Expected EPS:$2.83
+3.7% YoY
Key Takeaways
AvalonBay Communities, Inc. reported a strong Q4 2024 with an EPS of $1.98, FFO per share of $2.63, and Core FFO per share of $2.80. The company also announced a dividend increase and provided its initial outlook for 2025.
EPS for Q4 2024 was $1.98, a 16.5% increase compared to Q4 2023.
FFO per share for Q4 2024 was $2.63, consistent with Q4 2023.
Core FFO per share for Q4 2024 was $2.80, a 2.2% increase compared to Q4 2023.
The Board of Directors declared a dividend for Q1 2025 of $1.75 per share, a 2.9% increase over the previous quarter.
AvalonBay
AvalonBay
Forward Guidance
For its first quarter and full year 2025 outlook, the Company expects the following: