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StocksMediumUpdated×5•Originally published 27 April 2026•Updated 28 April 2026•
1 min read

AvalonBay and Crane Report Strong Q1 Results; Crane Raises Full-Year Guidance

AvalonBay and Crane Report Strong Q1 Results; Crane Raises Full-Year Guidance

Key Facts

1AvalonBay Communities reported diluted EPS of $2.33 for Q1 2026, a 40.4% increase compared to the prior year.
2Crane Company delivered 15% adjusted EPS growth in the first quarter and raised its full-year adjusted EPS outlook.

AvalonBay Communities reported robust Q1 2026 results, posting a Core FFO of $2.83 per share, which surpassed market estimates as occupancy rates remained stable at 96.1%. Despite this operational strength, higher interest costs emerged as a headwind impacting the overall financial results. Meanwhile, Crane Company delivered 15% growth in adjusted EPS, leading to an upward revision of its full-year outlook. The real estate sector saw further activity with NexPoint Residential Trust (NXRT) reporting a Core FFO of $17.3 million and paying down $33.0 million on its credit facility. Additionally, Kilroy Realty (KRC) and Alexandria Real Estate Equities (ARE) released their Q1 metrics, while Universal Health Services (UHS) and Ventas (VTR) provided insights into healthcare sector resilience.