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Essex Property (ESS)
NYSE:ESS
US Market
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Essex Property (ESS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 04, 2026
After Close (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
1.5
Last Year’s EPS
4
Same Quarter Last Year
Based on 16 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Oct 29, 2025|
% Change Since:
|
Earnings Call Sentiment|Neutral
The earnings call reflected a balanced sentiment with strong performance in Northern California and strategic capital allocation offset by challenges in Seattle and Southern California, as well as structured finance headwinds.
Company Guidance
During Essex Property Trust's third quarter 2025 earnings call, the company provided updated guidance and highlighted key performance metrics. Essex reported a $0.03 increase in Core FFO per share, exceeding the midpoint of their guidance range. The company raised the full-year Core FFO per share midpoint to $15.94. Year-to-date, blended lease rate growth was 3% overall, with Northern California leading at approximately 4%, Southern California at around 1.2%, and Seattle in the middle at about 2%. Essex anticipates stable growth for 2026, with an earn-in between 80 to 100 basis points. The transaction market showed cap rates generally in the mid-4% range, and Essex continued to execute acquisitions, particularly in Northern California, with about $1 billion in assets acquired. The company also focused on reducing its structured finance portfolio, expecting a 150 basis point headwind to 2026 Core FFO growth due to redemptions. Essex emphasized its strong balance sheet, with a healthy net debt to EBITDA ratio of 5.5x and over $1.5 billion in available liquidity.
Solid Third Quarter Performance
Core FFO per share exceeded the midpoint of guidance by $0.03 due to lower G&A and interest expenses. The midpoint for Core FFO per share was raised to $15.94.
Strong Northern California Market
Northern California was the best-performing region with close to 4% blended lease rate growth, benefiting from AI-related start-ups and positive migration trends.
Strategic Capital Allocation
Almost $1 billion of assets acquired in Northern California since 2024, achieving accretion relative to dispositions and improving the overall portfolio age.
Balance Sheet Strength
Managed debt maturities with a net debt to EBITDA of 5.5x and over $1.5 billion in available liquidity.

Essex Property (ESS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

ESS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 04, 2026
2025 (Q4)
1.50 / -
4
Oct 29, 2025
2025 (Q3)
1.56 / 2.56
1.8439.13% (+0.72)
Jul 29, 2025
2025 (Q2)
1.48 / 3.44
1.45137.24% (+1.99)
Apr 29, 2025
2025 (Q1)
1.42 / 3.16
4.25-25.65% (-1.09)
Feb 04, 2025
2024 (Q4)
1.36 / 4.00
1.02292.16% (+2.98)
Oct 29, 2024
2024 (Q3)
1.35 / 1.84
1.3635.29% (+0.48)
Jul 30, 2024
2024 (Q2)
1.33 / 1.45
1.55-6.45% (-0.10)
Apr 30, 2024
2024 (Q1)
1.29 / 4.25
2.3878.57% (+1.87)
Feb 06, 2024
2023 (Q4)
1.45 / 1.02
2.86-64.34% (-1.84)
Oct 26, 2023
2023 (Q3)
1.42 / 1.36
1.43-4.90% (-0.07)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

ESS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 29, 2025
$247.18$249.82+1.07%
Jul 29, 2025
$287.86$265.87-7.64%
Apr 29, 2025
$270.05$273.96+1.45%
Feb 04, 2025
$279.44$287.86+3.01%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Essex Property (ESS) report earnings?
Essex Property (ESS) is schdueled to report earning on Feb 04, 2026, After Close (Confirmed).
    What is Essex Property (ESS) earnings time?
    Essex Property (ESS) earnings time is at Feb 04, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is ESS EPS forecast?
          ESS EPS forecast for the fiscal quarter 2025 (Q4) is 1.5.
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