Essex Property Trust Inc. Earnings logo

ESS

Essex Property Trust Inc. Earnings

$286.79

Earnings Summary

Revenue
$450.7Mn
Net Profits
$118.42Mn
Net Profit Margins
26.28%
PE Ratio
33.54
Highlights
Revenue:

Essex Property Trust Inc.’s revenue jumped 7.52% since last year same period to $450.7Mn in the Q3 2024. On a quarterly growth basis, Essex Property Trust Inc. has generated 1.89% jump in its revenue since last 3-months.

Net Profits:

Essex Property Trust Inc.’s net profit jumped 2167.82% since last year same period to $118.42Mn in the Q3 2024. On a quarterly growth basis, Essex Property Trust Inc. has generated 27.46% jump in its net profits since last 3-months.

Net Profit Margins:

Essex Property Trust Inc.’s net profit margin jumped 2023.23% since last year same period to 26.28% in the Q3 2024. On a quarterly growth basis, Essex Property Trust Inc. has generated 25.1% jump in its net profit margins since last 3-months.

PE Ratio:

Essex Property Trust Inc.’s price-to-earnings ratio after this Q3 2024 earnings stands at 33.54.

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
1.37
EPS Estimate Current Year
1.37
Highlights
EPS Estimate Current Quarter:

Essex Property Trust Inc.’s earning per share (EPS) estimates for the current quarter stand at 1.37 - a 1.48% 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 1.37.

Key Ratios

Key ratios of the Essex Property Trust Inc. post its Q3 2024 earnings
Earning Per Share (EPS)
1.84
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.1
Dividend Per Share (DPS)
2.45
Highlights
Earning Per Share (EPS):

Essex Property Trust Inc.’s earning per share (EPS) jumped 35.29% since last year same period to 1.84 in the Q3 2024. This indicates that the Essex Property Trust Inc. has generated 35.29% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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 0.1.

Dividend Per Share (DPS):

Essex Property Trust Inc. declared 2.45 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-10-30
1.37
1.84
34.31%
2024-07-31
1.35
1.45
7.41%
2024-05-01
1.29
4.25
229.46%