Essex Property Trust (ESS) Tops Q3 EPS by 5c
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Essex Announces Third Quarter 2015 Results
October 29, 2015 4:20 PM EDTPALO ALTO, CA -- (Marketwired) -- 10/29/15 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its third quarter 2015 earnings results and related business activities.
Funds from Operations ("FFO") and Net Income per diluted share for the quarter ended September 30, 2015 are detailed below. FFO and Net Income for the third quarter include no merger and integration related expenses compared to $3.9 million of expenses in the prior year period. Core FFO excludes merger and integration expenses, acquisition costs and non-routine items.
---------------------------------------------------------------------------- Three Months Ended Nine Months Ended September 30, % September 30, % 2015 2014 Change 2015 2014 Change ---------------------------------------------------- Per Diluted Share ------------------------ Total FFO $2.53 $2.08 21.6% $7.19 $5.55 29.5% Core FFO... More