AvalonBay Communities (AVB) reported a third-quarter profit increase, with a bottom line of $381.30 million or $2.68 per share compared to $372.51 million or $2.61 per share last year. Their earnings summary in GAAP showed earnings of $381.30 million versus $372.51 million last year, and EPS of $2.68 versus $2.61 last year. The company also provided guidance for the next quarter with an EPS range of $1.18 to $1.28 and full-year EPS guidance of $7.35 to $7.55.

Read more at Nasdaq: AvalonBay Communities Reveals Advance In Q3 Income