Earnings Preview For Essex Property Trust

Essex Property Trust ESS is set to give its latest quarterly earnings report on Thursday, 2023-04-27. Here's what investors need to know before the announcement.

Analysts estimate that Essex Property Trust will report an earnings per share (EPS) of $1.29.

Essex Property Trust bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

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).

Here's a look at Essex Property Trust's past performance and the resulting price change:

Stock Performance

Shares of Essex Property Trust were trading at $207.87 as of April 25. Over the last 52-week period, shares are down 39.29%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

To track all earnings releases for Essex Property Trust visit their earnings calendar on our site.

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