Essex Property Trust (ESS) Tops Q2 FFO by 8c/Share; Raises FY15 Guidance
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Essex Announces Second Quarter 2015 Results
July 30, 2015 3:35 PM EDTPALO ALTO, CA -- (Marketwired) -- 07/30/15 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its second quarter 2015 earnings results and related business activities.
Funds from Operations ("FFO") and Net Income per diluted share for the quarter ended June 30, 2015 are detailed below. FFO and Net Income for the quarter ended June 30, 2015 include $1.4 million in merger and integration related expenses compared to $26.5 million of expenses in the prior year period. Core FFO excludes merger and integration expenses, acquisition costs and non-routine items. Net Income per share for the quarter ended June 30, 2015 includes a $12.7 million... More
