More on Avalon Bay (AVB +0.5%) Q1 earnings: Adjusting for one-off items surrounding the...

|By:, SA News Editor

More on Avalon Bay (AVB +0.5%) Q1 earnings: Adjusting for one-off items surrounding the Archstone acquisition, FFO/share increased 17% Y/Y. Same store NOI gained about 5.5%. The strongest gains came from the West coast, with New England and the Mid-Atlantic pretty flat. FY2013 FFO/share guidance of $4.98-$5.28. Conference call at 2 ET. (PR)