Published on 29 Apr 2024 on Zacks via Yahoo Finance
What's in Store for Essex Property (ESS) in Q1 Earnings?
Essex Property Trust, Inc. ESS is scheduled to report its first-quarter 2024 results on Apr 30 after market close. The company’s quarterly results are likely to reflect year-over-year growth in revenues and core funds from operations (FFO) per share.In the last reported quarter, this San Mateo, CA-based residential real estate investment trust (REIT) delivered a surprise of 0.52% in terms of core FFO per share. Results reflected favorable growth in same-property revenues and net operating income (NOI).Over the trailing four quarters, Essex Property surpassed the Zacks Consensus Estimate on each occasion, the average surprise being 0.67%. The graph below depicts the surprise history of the company:
Essex Property Trust, Inc. Price and EPS Surprise
