AvalonBay Communities (NYSE:AVB) reported quarterly earnings of $2.75 per share which missed the analyst consensus estimate of $2.82 by 2.41 percent. This is a 0.36 percent increase over earnings of $2.74 per share from the same period last year. The company reported quarterly sales of $766.796 million which missed the analyst consensus estimate of $769.305 million by 0.33 percent. This is a 4.42 percent increase over sales of $734.307 million the same period last year.