San Mateo, California-based Essex Property Trust, Inc. (ESS) acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. With a market cap of $18.9 billion, the company has ownership interests in 256 apartment communities comprising over 62,000 apartment homes with an additional property in active development. The fully integrated REIT is expected to announce its fiscal second-quarter earnings for 2026 after the market closes on Wednesday, Jul. 29.
Ahead of the event, analysts expect ESS to report an FFO of $4.02 per share on a diluted basis, down marginally from $4.03 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
