ESS Earnings Predictions — 2026-07-29

Ticker Report or Guide KPI Prediction Answer Confidence
ESS Report Core FFO per diluted share (2026Q2) BEAT pred ~$4.07 vs. cons $3.98 MEDIUM
ESS Report Same-property revenue growth (2026Q2) BEAT pred ~3.1% vs. cons 3.0% MEDIUM
ESS Report Same-property NOI growth (2026Q2) BEAT pred ~2.7% vs. cons 2.6% LOW
ESS Guide Core FFO per diluted share BETTER guide ~$16.04 vs. cons $16.02 (FY2026) MEDIUM
ESS Guide Same-property revenue growth BETTER guide ~2.7% vs. cons 2.6% (FY2026 midpoint) MEDIUM
ESS Guide Same-property NOI growth BETTER guide ~2.4% vs. cons 2.3% (FY2026 midpoint) MEDIUM
ESS Guide Core FFO per diluted share LOWER guide ~$3.96 vs. cons $4.00 (2026Q3) LOW
ESS Return Day-1 residual (stock − beta × S&P 500) +1.4% MEDIUM
ESS Return 5-day cumulative residual +0.6% (FADE) The Q2 beat and higher same-property guidance should drive an initial positive reaction, but guide ~$3.96 vs. cons $4.00 for 2026Q3 and a FY2026 midpoint of ~$16.04 vs. cons $16.02 imply that most of the annual raise merely captures the reported-quarter beat, leaving limited positive revision to second-half estimates. MEDIUM