Camden Property Trust expected to post earnings of 42 cents a share - Earnings Preview

Reuters
05 Feb
Camden Property Trust <cpt.n> expected to post earnings of 42 cents a share - Earnings Preview </cpt.n>
  • Camden Property Trust CPT.N, CPT is expected to show a fall in quarterly revenue when it reports results on February 6 for the period ending December 31 2024

  • The Houston Texas-based company is expected to report a 0.2% decrease in revenue to $386.752 million from $387.59 million a year ago, according to the mean estimate from 15 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 42 cents per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 16 "hold" and 1 "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 $125.50​, above​ its last closing price of $113.50. ​​​

The company's guidance on October 31 2024 for the period ended December 31 was for Funds Flow from Operations between USD1.68 and USD1.72.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

1.69

1.68

1.71

Beat

1.5

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

Jun. 30 2023

1.68

1.68

1.67

Missed

-0.8​

Mar. 31 2023

1.66

1.66

1.66

Met

-0.1

Dec. 31 2022

1.76

1.76

1.74

Missed

-0.9

This summary was machine generated February 4 at 21:10 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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