04:59 PM EDT, 07/30/2025 (MT Newswires) -- AvalonBay Communities ( AVB ) reported Q2 core funds from operations late Wednesday of $2.82 per share, up from $2.77 a year earlier.

Analysts polled by FactSet expected $2.81.

Same-store residential revenue in the three months ended June 30 rose to $689.1 million from $669.1 million a year earlier.

The company expects Q3 core FFO of $2.75 to $2.85 a share. Analysts expect $2.85.

The company boosted 2025 core FFO guidance to $11.19 to $11.59 a share from the Feb. 5 forecast of $11.14 to $11.64. Analysts expect $11.42.