Essex Property Trust Q4 Core FFO Per Share $3.83 Beats $3.81 Estimate
Portfolio Pulse from Benzinga Newsdesk
Essex Property Trust (NYSE:ESS) reported a Q4 Core FFO of $3.83 per share, surpassing the analyst consensus estimate of $3.81 by 0.52%. This represents a 1.59% increase from the same period last year's Core FFO of $3.77 per share.
February 06, 2024 | 9:16 pm
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Essex Property Trust reported a Q4 Core FFO of $3.83 per share, exceeding expectations and showing growth from the previous year.
Beating the analyst consensus estimate and showing year-over-year growth in Core FFO per share are positive indicators for Essex Property Trust's financial health and operational efficiency. This outperformance is likely to be viewed positively by investors, potentially leading to a short-term uptick in ESS's stock price.
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IMPORTANCE 90
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