Reported Net Income per diluted share for the fourth quarter of 2024 of $4.00, compared to $1.02 in the fourth quarter of 2023. For the full-year 2024, the Company reported Net Income per diluted share of $11.54 compared to $6.32 in 2023. The year-over-year increases were primarily driven by gains on sale of real estate and gains on remeasurements of co-investments.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ESS:
- ESS Earnings this Week: How Will it Perform?
- Essex Property Trust price target lowered to $280 from $304 at Morgan Stanley
- Essex Property Trust price target lowered to $302 from $316 at Barclays
- Essex Property Trust upgraded to Buy from Hold at Deutsche Bank
- Essex Property Trust price target lowered to $292 from $296 at Truist