Essex Property Trust (ESS) Tops Q3 EPS by 100c; raises guidance

Essex Property Trust (NYSE: ESS) reported Q3 EPS of $2.56, $1.00 better than the analyst estimate of $1.56.

GUIDANCE

Raised full-year Net Income per diluted share guidance by $0.41 at the midpoint to a range of $10.53 to $10.63.

Raised full-year Core FFO per diluted share guidance by $0.03 at the midpoint to a range of $15.89 to $15.99. This represents 2.2% growth at the midpoint compared to the prior year.

Reaffirmed full-year guidance midpoints for same-property revenues, expenses, and NOI growth.

For earnings history and earnings-related data on Essex Property Trust (ESS) click here.

You May Also Be Interested In

• Goldman Sachs Updates US Conviction List Directors' Cut
• A New Chapter in America's Lithium Story: Elektros (OTC:ELEK) Advances Its Review of a Northern New York Opportunity
• This Swiss stock is ‘well positioned to deliver’ profitable growth: Citi