Essex Property Trust (ESS) Surpasses Q1 FFO and Revenue Estimates

Essex Property Trust (ESS) came out with quarterly funds from operations (FFO) of $3.83 per share, beating the Zacks Consensus Estimate of$3.74 per share. This compares to FFO of $3.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 2.41$3.81 per share when it actually produced FFO of $3.83, delivering a surprise of 0.52%.Over the last four ...