Essex Property Trust (ESS) Q4 FFO and Revenues Top Estimates

Essex Property Trust (ESS) came out with quarterly funds from operations (FFO) of $3.92 per share, beating the Zacks Consensus Estimate of $3.90 per share. This compares to FFO of $3.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 0.51%. A quarter ago, it was expected that this real estate investment trust would post FFO of $3.88 per share when it actually produced FFO of $3.91, delivering a surprise of 0.77%.Over the last four ...