Valued at a market cap of $12 billion, Camden Property Trust (CPT) is a real estate company primarily engaged in the ownership, management, development, redevelopment, acquisition, and construction of multifamily apartment communities. The Houston, Texas-based company is expected to announce its fiscal Q4 earnings results after the market closes on Thursday, Feb. 6.
Ahead of this event, analysts project the REIT to report an FFO of $1.68 per share, down 2.9% from $1.73 per share in the year-ago quarter. The company has a solid track record of consistently beating Wall Street's FFO estimates in the last four quarters. In Q3, CPT’s adjusted FFO of $1.71 outpaced the Wall Street estimates by a slight margin of 1.8%.
-copy-dd1f2bf0.jpeg?w=600)
