Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Essex Property Trust (ESS)

Essex Q3 Core FFO rises 1.5% to $3.97 per share; full-year 2025 guidance raised

Positive Impact 4 of 5 guidance Written later

Essex Property Trust reported third-quarter 2025 Core FFO of $3.97 per diluted share, up 1.5% from $3.91 a year earlier and $0.03 above the midpoint of its guidance range. Net income per diluted share rose to $2.56 from $1.84, mainly due to gains on sale of real estate, and the company raised its full-year 2025 Core FFO and net income guidance midpoints.

Key points

  • Q3 2025 Core FFO per diluted share $3.97 vs. $3.91 in Q3 2024; nine-month Core FFO $11.96 vs. $11.68
  • Q3 2025 net income per diluted share $2.56 vs. $1.84; nine-month Total FFO per share $12.03 vs. $12.30, down 2.2%
  • Full-year 2025 Core FFO guidance raised $0.03 at midpoint to $15.89 to $15.99; net income guidance raised $0.41 at midpoint to $10.53 to $10.63
  • Q3 2025 same-property revenue grew 2.7% and NOI grew 2.4% year over year; earnings call set for October 30, 2025 at 11 a.m. PT

The filing

CompanyEssex Property Trust (ESS)
Form8-K, current report
Filed with the SECOct 29, 2025, 4:37 PM ET
Accession number0001140361-25-039716

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 29, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.