Essex Property Trust's results for Q3 2026 (ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-27. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $493 million (+4.1% vs a year earlier) |
| Diluted EPS (GAAP) | $1.52 |
| Adjusted per-share figure (company's non-GAAP measure; FFO/AFFO for REITs) | $4.00 |
| Full-year guidance | Raised |
Guidance
Raised 2026 Core FFO per share midpoint to $16.16 ($16.10–$16.22) and same-property revenue growth to 2.8%–3.0%; Q4 Core FFO $3.95–$4.07.
Why this label: Headline 'Raises Full-Year 2026 Guidance'; Core FFO midpoint +$0.02, net income/share range higher, Total FFO midpoint flat; nothing core lower.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| Core FFO per diluted share | FY2026 | $16.10–$16.22 | $16.03–$16.25 |
| net income per diluted share | FY2026 | $5.62–$5.74 | $5.47–$5.69 |
| Total FFO per diluted share | FY2026 | $15.42–$15.54 | $15.37–$15.59 |
| same-property revenue growth | FY2026 | 2.8%–3.0% | 2.5%–3.1% |
| same-property NOI growth | FY2026 | 2.8%–3.2% | 2.3%–3.3% |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| Core FFO per diluted share | Q4 2026 | $3.95–$4.07 |
From the release
Revenue: "Rental and other property · $ · 490,346 · $ · 470,942 · $ · 1,459,520 · $ · 1,400,641 · Management and other fees from affiliates · 2,344 · 2,361 · 6,975 · 7,078 · 492,690 · 473,303"
Earnings per share: "Net Income · $1.52 · $2.56 · -40.6% · $4.14 · $9.15 · -54.8% · Total FFO · $3.98 · $4.03 · -1.2% · $11.47 · $12.03 · -4.7% · Core FFO · $4.00 · $3.97 · 0.8%"
Core FFO per diluted share: "Core FFO · $16.03 - $16.25 · $16.10 - $16.22 · $16.16 · +$0.02"
net income per diluted share: "Net Income · $5.47 - $5.69 · $5.62 - $5.74 · $5.68 · +$0.10"
Total FFO per diluted share: "Total FFO · $15.37 - $15.59 · $15.42 - $15.54 · $15.48 · Unchanged"
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Raised 2026 Core FFO guidance midpoint to $16.16; same-property revenue up 3.0%.
Source
Essex Property Trust earnings release (SEC filing), accession 0001140361-26-040903, filed 2026-10-27.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.