Camden Prop Trust Q3 FFO Per Share $1.73 Up From $1.70 YoY, Sales $390.78M Miss $390.95M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camden Prop Trust (NYSE:CPT) reported Q3 FFO of $1.73 per share, a 1.76% increase YoY. However, the company's quarterly sales of $390.78M missed the analyst consensus estimate of $390.95M by 0.04%, despite being a 4.55% increase YoY.
October 26, 2023 | 8:22 pm
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NEUTRAL IMPACT
Camden Prop Trust's Q3 FFO per share increased by 1.76% YoY, but sales missed estimates by 0.04%.
While Camden Prop Trust's FFO per share increased YoY, the company's sales missed estimates. This mixed result may lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100