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ESS

Essex Property Trust Inc.

$200.77

Earnings Summary

Revenue
$381.91Mn
Net Profits
$73.25Mn
Net Profit Margins
19.18%

Highlights

Revenue:

Essex Property Trust Inc.’s revenue jumped 7.54% since last year same period to $381.91Mn in the Q1 2022. On a quarterly growth basis, Essex Property Trust Inc. has generated 2.77% jump in its revenue since last 3-months.

Net Profits:

Essex Property Trust Inc.’s net profit fell -56.51% since last year same period to $73.25Mn in the Q1 2022. On a quarterly growth basis, Essex Property Trust Inc. has generated -46.48% fall in its net profits since last 3-months.

Net Profit Margins:

Essex Property Trust Inc.’s net profit margin fell -59.56% since last year same period to 19.18% in the Q1 2022. On a quarterly growth basis, Essex Property Trust Inc. has generated -47.93% fall in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Essex Property Trust Inc. post its latest quarter earnings

EPS Estimate Current Quarter
1.46
EPS Estimate Current Year
1.46

Highlights

EPS Estimate Current Quarter:

Essex Property Trust Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.46 - a 8.96% jump from last quarter’s estimates.

EPS Estimate Current Year:

Essex Property Trust Inc.’s earning per share (EPS) estimates for the current year stand at 1.46.

Key Ratios

Key ratios of the Essex Property Trust Inc. post its Q4 2022 earnings

Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.07

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Essex Property Trust Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Essex Property Trust Inc.’s return on equity (ROE) stands at 0.07.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-27
1.21
1.12
-7.44%
2022-07-27
1.32
0.87
-34.09%
2022-10-27
1.34
1.43
6.72%

Company Information

Essex Property Trust, Inc. ('Essex'), an S&P 500 company, is a fully integrated real estate investment trust ('REIT') that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 246 apartment communities comprising approximately 60,000 apartment homes with an additional 6 properties in various stages of active development.

Organisation
Essex Property Trust Inc.
Headquarters
1100 Park Place, San Mateo, CA, United States, 94403
Employees
1770
Industry
Finance
CEO
Michael Schall