AvalonBay Communities, Inc. AVBis slated to report first-quarter 2018 results on Apr 25, after the market closes.
Last quarter, this residential REIT witnessed a positive surprise of 0.45% in terms of funds from operations (FFO) per share. Results highlighted growth in average rental rates. Additionally, economic occupancy increased slightly during the quarter.
In the trailing four quarters, the company surpassed estimates on one occasion and missed in the rest. This resulted in an average negative surprise of 1.49%. The graph below depicts the surprise history of the company: