AvalonBay Communities Inc (WBO:AVBC)
€ 225.35 -0.55 (-0.24%) Market Cap: 31.70 Bil Enterprise Value: 39.27 Bil PE Ratio: 32.20 PB Ratio: 2.82 GF Score: 77/100

Q1 2023 Avalonbay Communities Inc Earnings Call Transcript

Apr 27, 2023 / 05:00PM GMT
Release Date Price: €159.6 (+2.06%)
Operator

Good morning, ladies and gentlemen, and welcome to the AvalonBay Communities First Quarter 2023 Earnings Conference Call. (Operator Instructions) Your host for today's conference call is Mr. Jason Reilley, Vice President of Investor Relations. Mr. Reilley, you may begin your conference.

Jason Reilley
AvalonBay Communities, Inc. - VP of IR

Thank you, Doug, and welcome to AvalonBay Communities' First Quarter 2023 Earnings Conference Call. As a reminder, this call may contain forward-looking statements, and actual results may differ materially. There's a discussion of these risks and uncertainties in yesterday's afternoon's press release as well as in the company's Form 10-K and Form 10-Q filed with the SEC.

I'll now turn the call over to Ben Schall, Chairman and -- CEO and President of AvalonBay for his remarks. Ben?

Benjamin W. Schall
AvalonBay Communities, Inc. - President, CEO & Director

Thanks, Jason. In terms of key themes for this quarter, I will start by reviewing our strong start to the year and

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