Essex Property Trust (ESS) reported $473.3 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 5%. EPS of $3.97 for the same period compares to $1.84 a year ago.
The reported revenue represents a surprise of -0.47% over the Zacks Consensus Estimate of $475.51 million. With the consensus EPS estimate being $3.96, the EPS surprise was +0.25%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Essex Property Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Financial Occupancies - Same-Property Portfolio: 96.1% compared to the 96.4% average estimate based on four analysts.
- Revenues- Management and other fees from affiliates: $2.36 million versus the eight-analyst average estimate of $2.29 million. The reported number represents a year-over-year change of -7.9%.
- Revenues- Rental and other property: $470.94 million versus the seven-analyst average estimate of $473.04 million. The reported number represents a year-over-year change of +5.1%.
- Revenues- Total rental and other property revenues- Same-Property Revenues: $412.71 million compared to the $414.33 million average estimate based on three analysts. The reported number represents a change of -0.1% year over year.
- Revenues- Rental and other property- Other property: $7.05 million versus $7.08 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -5.8% change.
- Revenues- Rental and other property- Rental income: $463.89 million versus the two-analyst average estimate of $471.04 million. The reported number represents a year-over-year change of +5.3%.
- Net Earnings Per Share (Diluted): $2.56 versus the seven-analyst average estimate of $1.53.
View all Key Company Metrics for Essex Property Trust here>>>
Shares of Essex Property Trust have returned -4.3% over the past month versus the Zacks S&P 500 composite's +3.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Essex Property Trust, Inc. (ESS): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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