Essex Property Q3 FFO and Revenues Beat, '24 View Raised

Essex Property Trust Inc. (ESS) reported third-quarter 2024 core funds from operations (FFO) per share of $3.91, which beat the Zacks Consensus Estimate of$3.88. The figure also improved 3.4% from the year-ago quarter. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Results reflect favorable growth in same-property revenues and net operating income (NOI). ESS also raised its full-year 2024 guidance. Total revenues of $450.7 million outpaced the Zacks Consensus Estimate of$445.9 m ...