Essex Announces Fourth Quarter and Full-Year 2019 Results and 2020 Guidance
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Essex Property Trust (ESS) Tops Q4 EPS by 56c
January 29, 2020 4:25 PM ESTEssex Property Trust (NYSE: ESS) reported Q4 EPS of $1.95, $0.56 better than the analyst estimate of $1.39.
Fourth Quarter and Full-Year Highlights:
Reported Net Income per diluted share for the fourth quarter of 2019 of $1.95, compared to $1.78 in the fourth quarter of 2018.Grew Core FFO per diluted share by 8.2% compared to the fourth quarter of 2018 and 6.4% for the full-year 2019.Achieved same-property revenue and net operating income (NOI) growth of 4.0% and 5.5%, respectively, compared to the fourth... More