04:33 PM EST, 11/04/2024 (MT Newswires) -- AvalonBay Communities ( AVB ) reported Q3 core funds from operations late Monday of $2.74 per diluted share, up from $2.66 a year earlier.

Analysts surveyed by Capital IQ expected $2.72.

The company expects Q4 core funds from operations of $2.78 to $2.88 a share. Analysts surveyed by Capital IQ expect $2.83.

AvalonBay revised its full-year 2024 core funds from operations guidance to a range of $10.99 to $11.09 a share from $10.92 to $11.12 previously. Analysts surveyed by Capital IQ expect $11.03.