Houston, Texas-based Camden Property Trust (CPT) engages in the ownership, management, development, repositioning, redevelopment, acquisition, and construction of multifamily apartment communities. With a market cap of $10.9 billion, Camden operates as one of the major owners of apartments in the United States.
The real estate major is set to announce its third-quarter earnings after the market closes on Thursday, Nov. 6. Ahead of the event, analysts expect CPT to deliver core funds from operations (CFFO) of $1.69 per share, down 1.2% from $1.71 per share reported in the year-ago quarter. On a positive note, the company has surpassed the Street’s CFFO estimates in each of the past four quarters.
-copy-dd1f2bf0.jpeg?w=600)
