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Tickers in this Article: AVB
Avalonbay Communities (NYSE:AVB) will release its second quarter results on Wednesday, July 25, 2012. Analysts are expecting the company to report a profit of $1.35 a share, up from 40 cents a year ago.

A business' earnings are the main determinant of its share price because earnings and the circumstances relating to them can indicate whether the business will be profitable and successful in the long run. SEE: 5 Tricks Companies Use During Earnings Season

What to Expect: Analysts are expecting Avalonbay to report earnings of $1.35 per share, up 237.5% from a year ago, when the company reported earnings of 40 cents per share.

In the last 90 days, this has risen from $1.34. Analysts are expecting earnings of $5.47 per share for the fiscal year.

Avalonbay is expected to beat last year's reported revenue of $245.3 million and come in at $257.3 million for the quarter. For the fiscal year, expected revenue is $1.04 billion.

Company Performance: These last four quarters have marked revenue growth. It increased 6.6% to $252 million in the first quarter. Prior to that, the figure rose 4.5% in the fourth quarter of the last fiscal year, 17.7% in the third quarter of the last fiscal year and 11% in the second quarter of the last fiscal year.

A company's price/earnings ratio (P/E ratio) provides a measure of how expensive or cheap a stock is. From the investor's perspective, a stock with a lower ratio is relatively cheaper than a stock with a higher ratio. SEE: Can Investors Trust the P/E Ratio?

Over the past quarter, the stock price has increased from $144.54 on April 24, 2012 to $148.07. Avalonbay's best recent streak was when its price gained $5.83 per share between July 11, 2012 and July 13, 2012.

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