EarningsThe forecasted FFO growth for Camden Property Trust is below the peer average, suggesting less optimistic future earnings.
Financial PerformanceCPT's 3Q24 FFO results fell short of its prior guidance and Street expectations, leading to a lowered FY24 FFO guidance.
Strategic DecisionsCamden opted not to proceed with four predevelopment projects as part of a strategic review of its portfolio and market conditions, resulting in a non-cash impairment charge of approximately $41 million.