Essex Property Trust Earnings Review: Q4 Summary

Essex Property Trust ESS released its Q4 earnings on Tuesday, February 4, 2025 at 04:15 PM.

Here's what's important from the earnings announcement.

Essex Property Trust beat estimated earnings by 1.0%, reporting an EPS of $3.92 versus an estimate of $3.9.

Revenue was up $41.72 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 1.0% drop in the share price the next day.

Here's a look at Essex Property Trust's past performance:

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	3.88	3.85	3.74	3.81
EPS Actual	3.91	3.94	3.83	3.83
Revenue Estimate	445.88M	431.82M	422.38M	419.74M
Revenue Actual	450.70M	442.36M	426.93M	412.75M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Essex Property Trust management provided guidance for FY 2025, expecting earnings between $15.56 and $16.06 per share.

To track all earnings releases for Essex Property Trust visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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