04:50 PM EDT, 04/29/2025 (MT Newswires) -- Essex Property Trust ( ESS ) reported Q1 core funds from operations late Tuesday of $3.97 per diluted share, up from $3.83 a year earlier.

Analysts polled by FactSet expected $3.92.

Revenue for the quarter ended March 31 was $464.6 million, up from $426.9 million a year earlier.

Analysts surveyed by FactSet expected $456.7 million.

The company expects Q2 core FFO per diluted share between $3.90 and $4.02. Analysts polled by FactSet expect $4.

The company said it still expects 2025 core FFO per diluted share between $15.56 and $16.06. Analysts surveyed by FactSet expect $15.92.