Camden Prop Trust Q3 2024 Adj EPS $0.33 Misses $0.37 Estimate, Sales $387.20M Miss $389.39M Estimate
Portfolio Pulse from Benzinga Newsdesk
Camden Property Trust reported Q3 2024 earnings per share of $0.33, missing the analyst estimate of $0.37. Sales were $387.20 million, slightly below the $389.39 million estimate and down 0.92% from last year.
October 31, 2024 | 8:20 pm
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Camden Property Trust's Q3 2024 earnings and sales both missed analyst estimates, with EPS at $0.33 versus the expected $0.37 and sales at $387.20 million versus the expected $389.39 million.
The earnings per share and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The EPS miss was significant at 10.81%, and sales were slightly below expectations, indicating potential concerns about the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100