RTTNews | Feb 4, 2021 05:14PM EST

17:14 Thursday, February 4, 2021 (RTTNews.com) - Essex Property Trust, Inc. (ESS) reported earnings for fourth quarter that declined from last year.

The company's bottom line totaled $95.75 million, or $1.47 per share. This compares with $128.82 million, or $1.95 per share, in last year's fourth quarter.

Excluding items, Essex Property Trust, Inc. reported adjusted earnings of $203.84 million or $3.02 per share for the period.

Analysts had expected the company to earn $1.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Essex Property Trust, Inc. earnings at a glance:

-Earnings (Q4): $203.84 Mln. vs. $236.49 Mln. last year.-EPS (Q4): $3.02 vs. $3.45 last year.-Analysts Estimate: $1.01

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