Essex Property Trust (ESS) Reports Q1 FFO of $2.94
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Essex Announces First Quarter 2017 Results
April 27, 2017 4:15 PM EDTSAN MATEO, CA -- (Marketwired) -- 04/27/17 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its first quarter 2017 earnings results and related business activities.
Net Income and Funds from Operations ("FFO") per diluted share for the quarter ended March 31, 2017 are detailed below. Core FFO excludes acquisition and investment related costs and certain non-routine items.
---------------------------------------------------------------------------- Three Months Ended March 31, % 2017 2016 Change -------------------------------- Per Diluted Share Net Income $2.72 $1.19 128.6% Total FFO $2.95 $2.64 11.7% Core FFO $2.94 $2.68 9.7% ----------------------------------------------------------------------------First Quarter... More
