Essex Property Trust Inc <ESS.N> expected to post earnings of $1.38 a share - Earnings Preview
Essex Property Trust Inc ESS.N, ESS is expected to show a rise in quarterly revenue when it reports results on February 4 for the period ending December 31 2024
The San Mateo California-based company is expected to report a 7.0% increase in revenue to $451.404 million from $421.75 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data. (Revenue basis is on Rental and other property revenue)
LSEG's mean analyst estimate for Essex Property Trust Inc is for earnings of $1.38 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 17 "hold" and 2 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Essex Property Trust Inc is $302.50, above its last closing price of $281.16.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 3.89 | 3.88 | 3.91 | Beat | 0.7 |
Jun. 30 2024 | 3.87 | 3.85 | 3.94 | Beat | 2.3 |
Mar. 31 2024 | 3.76 | 3.75 | 3.83 | Beat | 2 |
Dec. 31 2023 | 3.82 | 3.81 | 3.83 | Beat | 0.5 |
Sep. 30 2023 | 3.77 | 3.77 | 3.78 | Beat | 0.4 |
Jun. 30 2023 | 3.75 | 3.73 | 3.77 | Beat | 1 |
Mar. 31 2023 | 3.62 | 3.61 | 3.65 | Beat | 1.1 |
Dec. 31 2022 | 3.73 | 3.73 | 3.77 | Beat | 1 |
This summary was machine generated January 31 at 21:04 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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