Essex Property Trust (ESS) Tops Q3 FFO by 5c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/21/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Far-left party wins Berlin election, pledging to nationalise housing
- Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Essex Announces Third Quarter 2016 Results
October 27, 2016 4:16 PM EDTSAN MATEO, CA -- (Marketwired) -- 10/27/16 -- Essex Property Trust, Inc. (NYSE: ESS) announced today its third quarter 2016 earnings results and related business activities.
Net Income and Funds from Operations ("FFO") per diluted share for the quarter ended September 30, 2016 are detailed below. Core FFO excludes acquisition and investment related costs and certain non-routine items.
---------------------------------------------------------------------------- Three Months Ended Nine Months Ended September 30, September 30, % % 2016 2015 Change 2016 2015 Change -------------------------------------------------------- Per Diluted Share ------------------- Net Income $ 1.00 $ 0.65 53.8 % $ 3.29 $ 2.27 44.9 % Total FFO $ 2.81 $ 2.53 11.1 % $ 8.27 $ 7.19 15.0 % Core FFO $ 2.81 $ 2.49 12.9 % $ 8.23 $ 7.19 14.5 % ----------------------------------------------------------------------------Third Quarter... More
