Earning Analysis
Welcome to our in-depth analysis of Essex Property Trust Inc(ESS) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Essex Property Trust Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| - | 2025-10-29 | After Hours | 3.96 | 3.97 | +0.25 | 475.51M | 473.30M | -0.46 | +1.07 | +3.79 |
| - | 2025-07-29 | After Hours | 3.99 | 4.03 | +1.00 | 469.19M | 469.83M | +0.14 | -7.64 | -12.43 |
| FY2025Q1 | 2025-04-29 | After Hours | 3.92 | 3.97 | +1.28 | 458.43M | 462.09M | +0.80 | +1.45 | +4.78 |
| FY2024Q4 | 2025-02-04 | After Hours | 3.90 | 3.92 | +0.51 | 449.86M | 452.05M | +0.49 | +3.01 | +1.55 |
| FY2024Q3 | 2024-10-29 | After Hours | 3.88 | 3.91 | +0.77 | 445.28M | 448.14M | +0.64 | -1.48 | -2.49 |
| FY2024Q2 | 2024-07-30 | - | 3.84 | 3.94 | +2.60 | 432.56M | 439.78M | +1.67 | -1.82 | -4.68 |
| FY2024Q1 | 2024-04-30 | - | 3.74 | 3.83 | +2.41 | 421.91M | 424.22M | +0.55 | -0.71 | +3.01 |
| FY2023Q4 | 2024-02-06 | - | 3.81 | 3.83 | +0.52 | 419.69M | 418.95M | -0.18 | +1.14 | +0.19 |
| FY2023Q3 | 2023-10-26 | - | 3.77 | 3.78 | +0.27 | 419.56M | 416.40M | -0.75 | -0.82 | -1.14 |
| FY2023Q2 | 2023-07-27 | - | 3.73 | 3.77 | +1.07 | 415.21M | 413.27M | -0.47 | -3.22 | +2.16 |
ESS Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Essex Property Trust Inc reported performance for , announced on 2025-10-29. The company achieved an EPS of 3.97, compared to analyst estimates of 3.96 by 0.25% . Revenue for the quarter reached 473.30M compared to expectations of 475.51M by -0.46% .
The stock price reacted with a 1.07% one-day change and a 3.79% five-day change following the earnings release. These movements reflect market reaction in Essex Property Trust Inc growth trajectory and strategic initiatives.
ESS Earnings Forecast
Looking ahead, Essex Property Trust Inc(ESS) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q2 project quarter revenue of 466.47M and an EPS of .
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been No Change by 0%, while EPS estimates have been No Change by 0%. For the upcoming , revenue estimates have been adjusted Go Down by -3.93% . These revisions correlate with a % change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Essex Property Trust Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between ESS's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
No Change
0.00%
In Past 3 Month
Revenue Estimates for Q2 2025
No Change
0.00%
In Past 3 Month
Stock Price
Go Down
-3.93%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:1.88B
--
EPS Estimate-Annual FY 2025:0
—
Stock Price257.57
ESS Revenue and EPS Performance: A Historical Perspective
Essex Property Trust Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
(2025-10-29,After Hours):
EPS: 3.97 (Actual) vs.3.96 (Estimate) (0.25%)
Revenue: 473.30M (Actual) vs. 475.51M (Estimate) (-0.46%)
Price Reaction: 1.07%(1-Day), 3.79%(5-Day)
(2025-07-29,After Hours):
EPS: 4.03 (Actual) vs.3.99 (Estimate) (1.00%)
Revenue: 469.83M (Actual) vs. 469.19M (Estimate) (0.14%)
Price Reaction: -7.64%(1-Day), -12.43%(5-Day)
FY2025Q1 (2025-04-29,After Hours):
EPS: 3.97 (Actual) vs.3.92 (Estimate) (1.28%)
Revenue: 462.09M (Actual) vs. 458.43M (Estimate) (0.80%)
Price Reaction: 1.45%(1-Day), 4.78%(5-Day)
Earnings Reaction
The chart below shows how ESS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, ESS sees a +0.45% change in stock price 10 days leading up to the earnings, and a +0.90% change 10 days following the report. On the earnings day itself, the stock moves by -0.66%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in SEP/2025, the stock changed 1.07% on the day following the earnings release and then changed by 3.15% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Essex Property Trust Inc (ESS) Q3 2025 Earnings Call Summary
Positive
2025-10-30
The earnings call reflects a positive sentiment with strong financial metrics, increased guidance, and strategic focus on growth areas. The Q&A highlights stability in key markets and proactive strategies, such as defensive leasing and selective investments. Despite some vague responses, the overall outlook, including raised guidance and financial stability, suggests a positive stock price movement over the next two weeks.
Essex Property Trust Inc (ESS) Q2 2025 Earnings Call Summary
Neutral
2025-07-30
The earnings call presents a mixed picture: while there is strong liquidity and stable financial health, challenges such as weaker pricing in Los Angeles and a slight lowering of rent growth guidance temper optimism. Positive aspects like Northern California's performance and strategic focus on stabilized assets are counterbalanced by ongoing macroeconomic softness and elevated concessions. The Q&A indicates cautious optimism but highlights uncertainties, leading to a neutral sentiment.
Essex Property Trust Inc (ESS) Q1 2025 Earnings Call Summary
Neutral
2025-04-30
The earnings call summary presents a mix of positive and negative indicators. Financial performance and product development show positive trends, with revenue and FFO growth surpassing expectations. However, macroeconomic uncertainties, competitive pressures, and lack of a share repurchase program weigh negatively. The Q&A section reveals confidence in achieving guidance but also highlights risks like interest rate fluctuations and unclear management responses. Considering these factors, the stock price is likely to remain stable, resulting in a neutral sentiment prediction.
Essex Property Trust Inc (ESS) Q4 2024 Earnings Call Summary
Neutral
2025-02-06
The earnings call presents a mixed picture: positive elements include raised guidance for core FFO and same-property revenue, strong liquidity, and strategic acquisitions. However, there are concerns about higher interest expenses, lower structured finance income, and vague management responses on key issues like regulatory impacts and growth timelines. The Q&A reveals uncertainties in renewal rates and potential regulatory impacts in LA, which could temper investor enthusiasm. Without market cap information, the overall sentiment leans neutral, balancing optimism with caution.
Essex Property Trust, Inc. (ESS) Q3 2024 Earnings Call Summary
Positive
2024-10-30
The earnings call summary and Q&A indicate strong financial performance with a beat in core FFO, increased full-year guidance, and significant acquisitions. The liquidity position is robust, and the company has low leverage. While management avoided specifics on some risks, overall sentiment is positive due to improving delinquency rates and tech job openings. The market strategy and financial health ratings are strong, and the Q&A suggests optimism in market demand and lease rates. These factors, along with raised guidance, suggest a positive stock movement.
Essex Property Trust, Inc. (ESS) Q2 2024 Earnings Call Summary
Positive
2024-07-31
The earnings call summary indicates a positive outlook with raised core FFO guidance, increased same-property revenue growth, and successful refinancing of debt. The Q&A section highlights stability in Southern California and positive migration into Northern California, suggesting potential demand growth. Despite some deceleration in Northern California and Seattle, the overall market strategy appears sound. Management's cautious approach to development and investment suggests a disciplined strategy. The positive sentiment from analysts and management's optimistic tone further support a positive stock price movement prediction.
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FAQ
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