Essex Announces First Quarter 2024 Results and Raises Full-Year 2024 Guidance [Yahoo! Finance]
Essex Property Trust, Inc. (ESS)
Last essex property trust, inc. earnings: 1/29 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.essexapartmenthomes.com
Company Research
Source: Yahoo! Finance
Net Income, Funds from Operations ("FFO"), and Core FFO per diluted share for the quarter ended March 31, 2024 are detailed below. Three Months Ended March 31, Change Per Diluted Share Net Income Total FFO Core FFO First Quarter 2024 Highlights: Reported Net Income per diluted share for the first quarter of 2024 of $4.25, compared to $2.38 in the first quarter of 2023. The increase is largely attributable to a gain on remeasurement of co-investments recognized in the first quarter of 2024. Grew Core FFO per diluted share by 4.9% compared to the first quarter of 2023, exceeding the midpoint of the Company's guidance range by $0.09. The outperformance was primarily driven by favorable same-property revenue growth. Achieved same-property revenue and net operating income ("NOI") growth of 3.6% and 3.0%, respectively, compared to the first quarter of 2023. On a sequential basis, same-property revenues improved 0.6%. Acquired its joint venture partner's 49.9% intere
Show less
Read more
Impact Snapshot
Event Time:
ESS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESS alerts
High impacting Essex Property Trust, Inc. news events
Weekly update
A roundup of the hottest topics
ESS
News
- Essex Announces Third Quarter 2024 Results and Raises Full-Year 2024 GuidanceBusiness Wire
- Looking For Yields: Duke Energy, Spire And Essex Property Trust Are Consistent Moneymakers [Yahoo! Finance]Yahoo! Finance
- Gear Up for Essex Property Trust (ESS) Q3 Earnings: Wall Street Estimates for Key Metrics [Yahoo! Finance]Yahoo! Finance
- Big Real Estate Raises $140 Million to Kill Rent Control and Attack AHF (Yes on 33) [Yahoo! Finance]Yahoo! Finance
- Essex Property Trust, Inc. (NYSE: ESS) was downgraded by analysts at Raymond James from an "outperform" rating to a "market perform" rating.MarketBeat
ESS
Earnings
- 10/29/24 - Miss
ESS
Sec Filings
- 10/16/24 - Form SC
- 9/19/24 - Form 4
- 9/18/24 - Form 4
- ESS's page on the SEC website