Get ready to discover the eagerly anticipated third quarter financial results of Essex Property Trust (NYSE: ESS) on Tuesday 29th October 2024. This significant announcement is scheduled to take place after market close, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Financial analysts on Wall Street are predicting that the concern is expected to report an estimated per share $1.37 profit for the current quarter. Additionally, the company is anticipated to reveal a total revenue of $444.89 million during this period.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $3.78. This figure was a result of the company's total revenue, which reached an impressive $419.18 million during that specific period.
Wall street analysts expect the company to generate a total revenue of $1.75 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $8.46 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.94 | +4.5% | 442.36 M | +6.3% |
| Q1 2024 | $3.83 | +4.9% | 426.93 M | +3.5% |
| Q4 2023 | $3.83 | +1.6% | 412.75 M | -0.6% |
| Q3 2023 | $3.78 | +2.4% | 419.18 M | +2.3% |
| Q2 2023 | $3.77 | +2.4% | 416.04 M | +4.0% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 01:00 PM eastern time to discuss Q3 financial results.
Essex Property Trust (ESS) shares experienced a range of $295.21 to $303.49 on a day volume of 228.20 thousand shares. The stock closed Friday's regular trading session at $295.65, showing a 2.02 percent decrease.