Essex Property Trust Q1 Core FFO, Revenue Increase; 2025 Guidance Maintained

MT Newswires Live
昨天

Essex Property Trust (ESS) reported Q1 core funds from operations late Tuesday of $3.97 per diluted share, up from $3.83 a year earlier.

Analysts polled by FactSet expected $3.92.

Revenue for the quarter ended March 31 was $464.6 million, up from $426.9 million a year earlier.

Analysts surveyed by FactSet expected $456.7 million.

The company expects Q2 core FFO per diluted share between $3.90 and $4.02. Analysts polled by FactSet expect $4.

The company said it still expects 2025 core FFO per diluted share between $15.56 and $16.06. Analysts surveyed by FactSet expect $15.92.

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