8-KItem 2.02 · Results of OperationsItem 9.01 · Financial Statements
Essex Property Trust raises 2026 Core FFO guidance after Q2 results
Filed with the SEC on · Summarized by InvestorsBot
Essex Property Trust reported second-quarter 2026 Core FFO of $4.08 per diluted share, up 1.2% from a year earlier, while same-property revenue and NOI increased 2.7% and 2.6%, respectively, for the three months ended June 30. The company raised its full-year 2026 Core FFO guidance midpoint by $0.20 to $16.14 per share, received $87.8 million from redeeming three structured finance investments, and sold its 50% interest in a San Jose apartment community for $52.6 million at its pro rata share.