AvalonBay Communities, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 613.18 million compared to USD 550.26 million a year ago. Revenue was USD 613.93 million compared to USD 551.14 million a year ago. Net income was USD 262.04 million compared to USD 142.22 million a year ago. Basic earnings per share from continuing operations was USD 1.87 compared to USD 1.02 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 1.02 a year ago.