AvalonBay (AVB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2024, AvalonBay Communities (AVB) reported revenue of $740.55 million, up 5.1% over the same period last year. EPS came in at $2.80, compared to $1.70 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $742.31 million, representing a surprise of -0.24%. The company delivered an EPS surprise of -1.06%, with the consensus EPS estimate being $2.83.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how AvalonBay performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Same Store Economic Occupancy: 95.6% versus 95.7% estimated by four analysts on average. Revenue- Rental and other income: $738.81 million versus $739.13 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +5.1% change. Revenue- Management, development and other fees: $1.74 million versus $1.86 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -13.5% change. Net Earnings Per Share (Diluted): $1.98 versus $1.37 estimated by eight analysts on average. View all Key Company Metrics for AvalonBay here>>>Shares of AvalonBay have returned +4.5% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AvalonBay Communities, Inc. (AVB): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks