AvalonBay Communities (NYSE:AVB) reported quarterly earnings of $2.83 per share which beat the analyst consensus estimate of $2.81 by 0.71 percent. This is unchanged from the same period last year. The company reported quarterly sales of $764.048 million which missed the analyst consensus estimate of $769.539 million by 0.71 percent. This is a 2.44 percent increase over sales of $745.880 million the same period last year.