Camden (CPT) Q2 FFO and Revenues Surpass Estimates

Core Viewpoint - Camden (CPT) reported quarterly funds from operations (FFO) of $1.7 per share, exceeding the Zacks Consensus Estimate of $1.69 per share, although slightly down from $1.71 per share a year ago [1][2] Financial Performance - Camden's FFO surprise for the quarter was +0.59%, and it has surpassed consensus FFO estimates in all four of the last quarters [1][2] - The company posted revenues of $396.51 million for the quarter ended June 2025, which is a 2.5% increase from $387.15 million year-over-year and surpassed the Zacks Consensus Estimate by 0.68% [2] - The current consensus FFO estimate for the upcoming quarter is $1.68 on revenues of $396.36 million, while the estimate for the current fiscal year is $6.82 on revenues of $1.58 billion [7] Market Performance - Camden shares have declined approximately 3.4% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The REIT and Equity Trust - Residential industry, to which Camden belongs, is currently ranked in the top 39% of over 250 Zacks industries, suggesting a favorable outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5]