Essex Property Trust (ESS) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Essex Property Trust (ESS) reported revenue of $426.93 million, up 3.5% over the same period last year. EPS came in at$ 3.83, compared to $2.38 in the year-ago quarter.The reported revenue represents a surprise of +1.08% over the Zacks Consensus Estimate of$ 422.38 million. With the consensus EPS estimate being $3.74, the EPS surprise was +2.41%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...