Canaccord Genuity Remains Sidelined on Essex Property Trust (ESS) Following 2Q Review
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Essex Announces Second Quarter 2016 Results
July 28, 2016 4:18 PM EDTSAN MATEO, CA -- (Marketwired) -- 07/28/16 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its second quarter 2016 earnings results and related business activities.
Net Income and Funds from Operations ("FFO") per diluted share for the quarter ended June 30, 2016 are detailed below. Core FFO excludes acquisition and investment related costs and certain non-routine items.
---------------------------------------------------------------------------- Three Months Six Months Ended Ended June 30, % June 30, % 2016 2015 Change 2016 2015 Change --------------------------------------------------- Per Diluted Share ------------------------ Net Income $1.10 $0.70 57.1% $2.29 $1.62 41.4% Total FFO $2.81 $2.38 18.1% $5.45 $4.66 17.0% Core FFO $2.74 $2.40 14.2% $5.42 $4.69 15.6% ----------------------------------------------------------------------------Second Quarter... More
