Essex Property Trust Q2 FFO $3.77 Up From $3.68 YoY, Sales $416.04M Beat $413.66M Estimate
Portfolio Pulse from bharat@benzinga.com
Essex Property Trust (NYSE:ESS) reported Q2 earnings of $3.77 per share, a 2.45% increase YoY. The company also reported quarterly sales of $416.04 million, beating the analyst consensus estimate of $413.66 million by 0.58%.
July 27, 2023 | 8:19 pm
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POSITIVE IMPACT
Essex Property Trust's Q2 earnings and sales exceeded expectations, indicating a positive financial performance.
Essex Property Trust's Q2 earnings and sales have exceeded analyst estimates, which is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100