Essex Property Trust (ESS) reported core funds from operations late Tuesday of $3.92 per diluted share, up from $3.83 a year earlier.
Analysts surveyed by FactSet expected $3.90.
Revenue in the three months ended Dec. 31 rose to $454.5 million from $421.7 million a year earlier.
Analysts polled by FactSet expected $449.1 million.
The company expects Q1 core funds from operations of $3.86 to $3.98 a share. Analysts surveyed by FactSet expect $3.92.
Essex estimates 2025 core funds from operations of $15.56 to $16.06 a share. Analysts polled by FactSet expect $16.02.
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