RTTNews | Oct 26, 2021 04:36PM EDT

16:36 Tuesday, October 26, 2021 (RTTNews.com) - Essex Property Trust, Inc. (ESS) revealed a profit for its third quarter that climbed from the same period last year.

The company's bottom line came in at $118.39 million, or $1.82 per share. This compares with $73.66 million, or $1.13 per share, in last year's third quarter.

Excluding items, Essex Property Trust, Inc. reported adjusted earnings of $210.57 million or $3.12 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 (Q3): $210.57 Mln. vs. $212.92 Mln. last year.-EPS (Q3): $3.12 vs. $3.15 last year.-Analysts Estimate: $1.01

-Guidance:Next quarter EPS guidance: $0.99 to $1.09Full year EPS guidance: $6.39 to $6.49

Read the original article on RTTNews ( https://www.rttnews.com/3235730/essex-property-trust-inc-q3-adjusted-earnings-beat-estimates.aspx)

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