Camden Prop Trust Q2 EPS $1.67 Up From $1.64 YoY, Sales $385.50M Beat $383.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camden Prop Trust (NYSE:CPT) reported Q2 earnings of $1.67 per share, a 1.83% increase YoY. The company also reported quarterly sales of $385.50 million, beating the analyst consensus estimate of $383.52 million by 0.52% and marking a 6.58% increase YoY.
August 04, 2023 | 2:29 pm
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POSITIVE IMPACT
Camden Prop Trust reported a YoY increase in Q2 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost investor confidence and the company's stock price in the short term.
Camden Prop Trust's Q2 earnings and sales exceeded expectations and showed YoY growth. This indicates a strong financial performance, which is likely to be viewed positively by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100