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AvalonBay Communities Q2 adjusted earnings Beat Estimates

Below are the earnings highlights for AvalonBay Communities (AVB):

-Earnings: $170.83 million in Q2 vs. $168.28 million in the same period last year.
-EPS: $1.21 in Q2 vs. $1.21 in the same period last year.
-Excluding items, AvalonBay Communities reported adjusted earnings of $313.26 million or $2.23 per share for the period.
-Analysts projected $1.03 per share
-Revenue: $522.99 million in Q2 vs. $538.66 million in the same period last year.

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