AvalonBay Communities Inc. (NYSE:AVB), a multifamily real estate investment trust (REIT), is scheduled to report its fiscal 2012 first quarter earnings results after the market closes on April 25. The current Zacks Consensus Estimate for the first quarter earnings is $1.24, representing year-over-year growth of 15.1%.
Fourth Quarter Recap
AvalonBay reported fiscal 2011 fourth quarter funds from operations (FFO) of $113.4 million or $1.19 per share, compared with $86.8 million or $1.01 per share in … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards