Jul. 30 at 3:09 PM
$ESS beats Q2 expectations β but what's next for the stock? π’
Essex Property Trust reported core FFO per share of
$4.03, topping the Zacks Consensus Estimate of
$3.99, with a 2.3% year-over-year rise. Despite same-property revenue growth of 3.2% and NOI growth, operating expenses weighed slightly on results.
Discover what the future holds for ESS investors π https://www.zacks.com/stock/news/2639477/essex-property-q2-core-ffo-beats-estimates-revenues-increase-yy?cid=sm-stocktwits-2-2639477-body-4799&ADID=SYND_STOCKTWITS_TWEET_2_2639477_BODY_4799