Signal

$ESS

- Essex Property Trust reported Q1 2026 Core FFO of $4.06 per share, up 2.3% year-over-year and exceeding guidance midpoint, while net income fell 47.8% to $1.65 per share due to a prior-year gain on

ESS

$295.34

+3.42%

What changed

$ESS - Essex Property Trust reported Q1 2026 Core FFO of $4.06 per share, up 2.3% year-over-year and exceeding guidance midpoint, while net income fell 47.8% to $1.65 per share due to a prior-year gain on sale. Total FFO rose 5.0% to $4.17 per share.

Why it matters

- Essex Property Trust reported Q1 2026 Core FFO of $4.06 per share, up 2.3% year-over-year and exceeding guidance midpoint, while net income fell 47.8% to $1.65 per share due to a prior-year gain on sale.

Sources

pipeline