Essex Property Trust Q3 2024 Core FFO $3.91 Beats $3.88 Estimate
Portfolio Pulse from Benzinga Newsdesk
Essex Property Trust reported its Q3 2024 Core Funds From Operations (FFO) at $3.91, surpassing the estimated $3.88.
October 29, 2024 | 8:16 pm
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Essex Property Trust's Q3 2024 Core FFO of $3.91 exceeded the expected $3.88, indicating strong financial performance.
The reported Core FFO of $3.91 is higher than the estimated $3.88, suggesting better-than-expected financial performance. This positive earnings surprise is likely to boost investor confidence and could lead to a short-term increase in the stock price.
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