AvalonBay Communities (NYSE: AVB) announces its next round of earnings this Monday, October 31, 2011. Get prepared with Benzinga's ultimate preview for AvalonBay Communities' third quarter earnings. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive
EPS reading of $1.18/share and revenues of $250.6 million. AvalonBay Communities' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 98 cents/share on revenues of $225.8 million. We'll have to wait for Monday to see if the company has accomplished the estimated 20.4% rise in EPS and 11% increase in revenues on a year-over-year basis.Here's how the company's reported EPS has stacked up against analyst estimates in the past: QuarterQ2Q1Q4Q3EPS Estimate$1.12$1.05$1.01$0.96EPS Actual$0.40$1.08$1.01$0.98Stock Performance: Shares ...
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