Essex Announces Second Quarter 2020 Results
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Essex Property Trust (ESS) Tops Q2 EPS by 21c
August 3, 2020 4:52 PM EDTEssex Property Trust (NYSE: ESS) reported Q2 EPS of $1.29, $0.21 better than the analyst estimate of $1.08.
Reported Net Income per diluted share for the second quarter of 2020 of $1.29, compared to $1.40 in the second quarter of 2019.Core FFO per diluted share declined by 5.1% compared to the second quarter of 2019.Same-property gross revenue and net operating income (NOI) declined by 3.8% and 7.4%, respectively, compared to the second quarter of 2019. The Company recorded an additional $9.7 million... More