| ESS |
Report |
Core FFO per diluted share |
IN-LINE |
pred ~$4.04 vs. cons $4.08 |
MEDIUM |
| ESS |
Report |
Same-property revenue growth |
BEAT |
pred ~3.8% vs. cons 3.1% |
MEDIUM |
| ESS |
Report |
Same-property NOI growth |
BEAT |
pred ~4.6% vs. cons 3.4% |
MEDIUM |
| ESS |
Guide |
FY2026 Core FFO per diluted share |
LOWER |
guide ~$15.94 vs. cons $16.06 (FY2026) |
HIGH |
| ESS |
Guide |
FY2026 same-property revenue growth |
BETTER |
guide ~2.8% vs. cons 2.7% (FY2026) |
MEDIUM |
| ESS |
Guide |
FY2026 same-property NOI growth |
BETTER |
guide ~2.6% vs. cons 2.4% (FY2026) |
MEDIUM |
| ESS |
Return |
Day-1 residual (stock − beta × S&P 500) |
+1.8% |
— |
MEDIUM |
| ESS |
Return |
5-day cumulative residual |
-0.7% (FADE) |
Day-1 residual ~+1.8% versus a beta-adjusted S&P 500 move of ~0.0%, driven by better ~3.8% same-property revenue growth versus ~3.1% consensus and ~4.6% NOI growth versus ~3.4%. The 5-day residual fades to ~-0.7% versus ~0.0% beta-adjusted market impact because FY2026 Core FFO guidance remains ~$15.94 versus ~$16.06 consensus, leaving second-half and out-period FFO math below the Street despite an operating-guide improvement. |
MEDIUM |