Essex Announces Second Quarter 2022 Results and Increases Full-Year 2022 Guidance

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Essex Property Trust (ESS) Misses Q2 EPS by 46c; Raises Outlook

July 26, 2022 4:24 PM EDT

Essex Property Trust (NYSE: ESS) reported Q2 EPS of $0.87, $0.46 worse than the analyst estimate of $1.33. Total FFO was $3.13; CORE FFO was $3.68.

Revised full-year 2022 earnings guidance:

Decreased full-year Net Income per diluted share guidance by $0.31 as a result of unrealized losses on... More