Essex Property Trust (ESS) reported Q3 core funds from operations late Wednesday of $3.97 per diluted share, up from $3.91 a year earlier.
Analysts polled by FactSet expected $3.95.
Revenue in the three months ended Sept. 30 rose to $473.3 million from $450.7 million a year earlier.
Analysts polled by FactSet expected $472.1 million.
The company expects Q4 core FFO of $3.93 to $4.03 per diluted share. Analysts project $4.
The company expects full-year core FFO of $15.89 to $15.99 per diluted share, compared with the prior forecast of $15.80 to $16.02. Analysts project $15.95.
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