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Essex Property Trust (ESS) Q3 FFO Surpass Estimates

Essex Property Trust (ESS) came out with quarterly funds from operations (FFO) of 3.97pershare,beatingtheZacksConsensusEstimateof3.97 per share, beating the Zacks Consensus Estimate of 3.96 per share. This compares to FFO of 3.91pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+0.253.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +0.25%. A quarter ago, it was expected that this real estate investment trust would post FFO of 3.99 per share when it actually produced FFO of $4.03, delivering a surprise of +1%.Over the last four q ...