Essex Property Trust Inc expected to post earnings of $1.40 a share - Earnings Preview

Essex Property Trust

25/04/2025 21:18

Essex Property Trust Inc ESS.N, ESS is expected to show a rise in quarterly revenue when it reports  results on April 29 for the period ending March 31 2025

The San Mateo California-based  company is expected to report a 7.6% increase in revenue to $459.34 million from $426.93 million a year ago, according to the mean estimate from 14 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Essex Property Trust Inc is for earnings of $1.40 per share.

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 16 "hold" and 2 "sell" or "strong sell."

The mean earnings estimate of analysts was unchanged in the last three months. ​

Wall Street's median 12-month price target for Essex Property Trust Inc is $310.00​, above​ its last closing price of $276.60. ​​​

The company's guidance on February 4 2025 for the period ended March 31 was for Funds Flow from Operations between USD3.86 and USD3.98.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
3.91
3.90
3.92
Beat
0.5
Sep. 30 2024
3.89
3.88
3.91
Beat
0.7
Jun. 30 2024
3.87
3.85
3.94
Beat
2.3​
Mar. 31 2024
3.76
3.75
3.83
Beat
2
​​Dec. 31 2023
3.82
3.81
3.83
Beat
0.5
Sep. 30 2023
3.77
3.77
3.78
Beat
0.4​
Jun. 30 2023
3.75
3.73
3.77
Beat
1
Mar. 31 2023
3.62
3.61
3.65
Beat
1.1

This summary was machine generated April 25 at 20:18 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)