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AvalonBay falls well below estimated earnings

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AvalonBay Communities (AVB)()

Funds from operations for 2013 probably will be $4.17 to $4.47 a share, down 19 percent from last year based on the midpoint of the range, the Arlington, Virginia-based real estate investment trust said in a statement yesterday after the close of regular U.S. trading. The average estimate()

Source: Bloomberg
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