AvalonBay Communities, Inc. (AVB) reported first‑quarter 2026 results that surpassed expectations, with earnings per share of $2.33—an increase of 40.4% from the $1.66 reported in Q1 2025. The company’s funds from operations per share rose to $2.83, matching the prior‑year figure and beating the consensus estimate of $2.80. Core funds from operations also matched the 2025 level at $2.83, underscoring the stability of the company’s operating cash generation.
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