Essex Property Trust (ESS) Tops Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Essex Announces Second Quarter 2016 Results
July 28, 2016 4:18 PM EDTSAN MATEO, CA -- (Marketwired) -- 07/28/16 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its second quarter 2016 earnings results and related business activities.
Net Income and Funds from Operations ("FFO") per diluted share for the quarter ended June 30, 2016 are detailed below. Core FFO excludes acquisition and investment related costs and certain non-routine items.
---------------------------------------------------------------------------- Three Months Six Months Ended Ended June 30, % June 30, % 2016 2015 Change 2016 2015 Change --------------------------------------------------- Per Diluted Share ------------------------ Net Income $1.10 $0.70 57.1% $2.29 $1.62 41.4% Total FFO $2.81 $2.38 18.1% $5.45 $4.66 17.0% Core FFO $2.74 $2.40 14.2% $5.42 $4.69 15.6% ----------------------------------------------------------------------------Second Quarter... More
