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Essex Property Trust Q4 Core FFO, Revenue Rise; Q1, 2025 Guidance Set
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Essex Property Trust Q4 Core FFO, Revenue Rise; Q1, 2025 Guidance Set
Feb 4, 2025 1:57 PM

04:34 PM EST, 02/04/2025 (MT Newswires) -- Essex Property Trust ( ESS ) reported core funds from operations late Tuesday of $3.92 per diluted share, up from $3.83 a year earlier.

Analysts surveyed by FactSet expected $3.90.

Revenue in the three months ended Dec. 31 rose to $454.5 million from $421.7 million a year earlier.

Analysts polled by FactSet expected $449.1 million.

The company expects Q1 core funds from operations of $3.86 to $3.98 a share. Analysts surveyed by FactSet expect $3.92.

Essex estimates 2025 core funds from operations of $15.56 to $16.06 a share. Analysts polled by FactSet expect $16.02.

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