Camden Property Trust expected to post earnings of 37 cents a share - Earnings Preview

Reuters
2024-10-30

* Camden Property Trust is expected to show a fall in quarterly revenue when it reports results on October 31 for the period ending September 30 2024

* The Houston Texas-based company is expected to report a 0.4% decrease in revenue to $389.392 million from $390.78 million a year ago, according to the mean estimate from 16 analysts, based on LSEG data. (Revenue consensus is on Property revenues basis)

* ​LSEG's mean analyst estimate for Camden Property Trust is for earnings of 37 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Camden Property Trust is $127.00​, above​ its last closing price of $118.70. ​​​

The company's guidance on August 1 2024 for the period ended September 30 was for Funds Flow from Operations between USD1.66 and USD1.7. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 1.67 1.67 1.71 Beat 2.3

Mar. 31 2024 1.67 1.66 1.70 Beat 2.2

Dec. 31 2023 1.73 1.72 1.73 Beat 0.4​

Sep. 30 2023 1.73 1.73 1.73 Met -0.1

​​Jan. 1.68 1.68 1.67 Missed -0.8

1 0001

Mar. 31 2023 1.66 1.66 1.66 Met -0.1​

Dec. 31 2022 1.76 1.76 1.74 Missed -0.9

Jan. 1 0001 1.70 1.70 1.70 Met -0.1

This summary was machine generated October 29 at 20:59 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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