Camden Prop Trust Q2 2024 FFO $1.71 Beats $1.67 Estimate, Sales $387.15M Beat $385.15M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camden Property Trust (NYSE:CPT) reported Q2 2024 earnings per share of $1.71, beating the analyst estimate of $1.67. The company also reported sales of $387.15 million, surpassing the $385.15 million estimate.
August 01, 2024 | 8:17 pm
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Camden Property Trust (NYSE:CPT) reported Q2 2024 earnings per share of $1.71, beating the analyst estimate of $1.67 by 2.4%. The company also reported sales of $387.15 million, surpassing the $385.15 million estimate by 0.52%.
The earnings per share (EPS) and sales figures both exceeded analyst expectations, which is generally a positive indicator for the stock price in the short term. The EPS beat by 2.4% and sales beat by 0.52% suggest strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100