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AvalonBay Communities Inc Issues Q4 2013 Guidnace; FFO Guidance Below Analysts' Estimates; Lowers FY 2013 Guidance


Wednesday, 23 Oct 2013 04:16pm EDT 

AvalonBay Communities Inc announced that for the fourth quarter of 2013, it expects earning per share (EPS) in the range of $1.96 to $2.02, Projected FFO per share in the range of $1.54 to $1.60. For Fiscal 2013 it expects EPS to be in the range of $2.79 to $2.85, Projected FFO per share to be in the range of $5.09 to $5.15. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report FFO per share of $1.64 for the fourth quarter of 2013; FFO per share of $5.17 for fiscal 2013. 

Company Quote

160.41
3.28 +2.09%
26 Nov 2014