Free Trial

Essex Property Trust (ESS) Earnings Date, Estimates & Call Transcripts

$298.21
-3.80 (-1.26%)
(As of 09/6/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 24Estimated
Actual EPS
(Jul. 30)
$1.45 Missed By -$2.40
Consensus EPS
(Jul. 30)
$3.85
Skip Charts & View Estimated and Actual Earnings Data

ESS Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ESS Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Essex Property Trust Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20245$3.72$4.07$3.833.680 - 3.800
Q2 20245$3.82$4.26$3.953.770 - 3.890
Q3 20244$3.83$3.96$3.883.810 - 3.930
Q4 20244$3.85$3.97$3.91 
FY 202418$15.22$16.26$15.57 
Q1 20252$3.86$3.91$3.89 
Q2 20252$3.93$3.98$3.96 
Q3 20252$3.92$4.02$3.97 
Q4 20251$4.10$4.10$4.10 
FY 20257$15.81$16.01$15.91 
Q1 20261$4.10$4.10$4.10 
Q2 20261$4.07$4.07$4.07 

ESS Earnings Date and Information

Essex Property Trust last released its earnings data on July 30th, 2024. The real estate investment trust reported $1.45 earnings per share for the quarter, missing the consensus estimate of $3.85 by $2.40. The company earned $442.36 million during the quarter, compared to analysts' expectations of $433.26 million. Essex Property Trust has generated $8.18 earnings per share over the last year ($8.18 diluted earnings per share) and currently has a price-to-earnings ratio of 36.5. Earnings for Essex Property Trust are expected to grow by 3.09% in the coming year, from $15.53 to $16.01 per share. Essex Property Trust has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off prior year's report dates.

Essex Property Trust Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
10/24/2024
(Estimated)
------- 
7/30/2024Q2 2024$3.85$1.45($2.40)$1.45$433.26 million$442.36 million          
4/26/2022Q1 2022$3.35$1.12($2.23)---          
2/2/2022Q4 2021$3.24$2.10($1.14)-$368.12 million-      
10/26/2021Q3 2021$3.10$1.82($1.28)$1.82$357.54 million$360.62 million      
7/29/2021Q2 2021$2.99$1.00($1.99)$1.00--        
4/27/2021Q1 2021$3.04$2.59($0.45)$2.27$356.58 million-      
2/4/2021Q4 2020$3.12$1.47($1.65)$1.47--    
10/28/2020Q3 2020$3.16$1.13($2.03)$1.13--      
8/3/2020Q2 2020$3.30$1.29($2.01)$1.29$380.48 million-      
5/6/2020Q1 2020$3.40$4.76+$1.36$4.76$383.23 million$392.37 million      
1/29/2020Q4 2019$3.42$1.95($1.47)$1.95$373.65 million$375.37 million      
10/23/2019Q3$3.36$1.53($1.83)$1.51$365.49 million$366.93 million      

Essex Property Trust Earnings - Frequently Asked Questions

When is Essex Property Trust's earnings date?

Essex Property Trust has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, October 24th, 2024 based off last year's report dates. Learn more on ESS's earnings history.

What guidance has Essex Property Trust issued on next quarter's earnings?

Essex Property Trust issued an update on its third quarter 2024 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of 3.810-3.930 for the period, compared to the consensus EPS estimate of 3.840. The company issued revenue guidance of -.

Did Essex Property Trust beat their earnings estimates last quarter?

In the previous quarter, Essex Property Trust (NYSE:ESS) missed the analysts' consensus estimate of $3.85 by $2.40 with a reported earnings per share (EPS) of $1.45. Learn more on analysts' earnings estimate vs. ESS's actual earnings.

How can I listen to Essex Property Trust's earnings conference call?

The conference call for Essex Property Trust's latest earnings report can be listened to online. Listen to Conference Call

How can I read Essex Property Trust's conference call transcript?

The conference call transcript for Essex Property Trust's latest earnings report can be read online. Read Transcript

How can I view Essex Property Trust's earnings report?

Essex Property Trust's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Essex Property Trust generate each year?

Essex Property Trust (NYSE:ESS) has a recorded annual revenue of $1.71 billion.

How much profit does Essex Property Trust generate each year?

Essex Property Trust (NYSE:ESS) has a recorded net income of $405.83 million. ESS has generated $8.18 earnings per share over the last four quarters.

What is Essex Property Trust's price-to-earnings ratio?

Essex Property Trust (NYSE:ESS) has a trailing price-to-earnings ratio of 36.46 and a forward price-to-earnings ratio of 19.20. The price/earnings-to-growth ratio is 4.32.

What is Essex Property Trust's EPS forecast for next year?

Essex Property Trust's earnings are expected to grow from $15.53 per share to $16.01 per share in the next year, which is a 3.09% increase.


More Earnings Resources from MarketBeat

This page (NYSE:ESS) was last updated on 9/7/2024 by MarketBeat.com Staff

From Our Partners