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ESS' West Coast strength and tech-driven efficiencies support growth, but high supply and debt weigh on momentum.
Essex Property Trust (ESS -7.64%), a residential real estate investment trust (REIT) focused on West Coast apartment communities, released its second-quarter 2025 results on July 29, 2025. The company reported Core Funds From Operations (FFO) per diluted share of $4.03, surpassing its own $3.96 midpoint forecast.
Essex Property Trust, Inc. Q2 2025 Earnings Conference Call July 30, 2025 12:00 PM ET Company Participants Angela L. Kleiman - President, CEO & Director Barbara M.
ESS' second-quarter results reflect a year-over-year rise in same-property revenues and net operating income.
ESS tops Q2 estimates with higher core FFO and revenues and lifts full-year 2025 outlook amid solid same-property growth.
Although the revenue and EPS for Essex Property Trust (ESS) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Essex Property Trust (ESS) came out with quarterly funds from operations (FFO) of $4.03 per share, beating the Zacks Consensus Estimate of $3.99 per share. This compares to FFO of $3.94 per share a year ago.
SAN MATEO, Calif.--(BUSINESS WIRE)--Essex Property Trust, Inc. (NYSE: ESS) (the “Company”) announced today its second quarter 2025 earnings results and related business activities. Net Income, Funds from Operations (“FFO”), and Core FFO per diluted share for the three and six-month periods ended June 30, 2025 are detailed below. Three Months Ended June 30, Six Months Ended June 30, % % 2025 2024 Change 2025 2024 Change Per Diluted Share Net Income $3.44 $1.45 137.2% $6.59.
Essex Property Trust (ESS) possesses solid growth attributes, which could help it handily outperform the market.
ESS may post Q2 revenue and FFO growth as West Coast demand and portfolio reallocation support higher occupancy and rents.