Essex Property Trust Q1 2024 FFO $3.83 Beats $3.75 Estimate
Portfolio Pulse from Benzinga Newsdesk
Essex Property Trust (NYSE:ESS) reported Q1 2024 FFO of $3.83 per share, surpassing the analyst consensus estimate of $3.75 by 2.13%.
April 30, 2024 | 8:18 pm
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POSITIVE IMPACT
Essex Property Trust reported a Q1 2024 FFO of $3.83 per share, exceeding expectations.
Beating the consensus estimate for FFO per share indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100