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Compared to Estimates, Camden (CPT) Q4 Earnings: A Look at Key Metrics
CPTCamden(CPT) ZACKS·2025-02-07 00:01

Financial Performance - For the quarter ended December 2024, Camden reported revenue of 386.32million,down0.3386.32 million, down 0.3% year-over-year, and EPS of 1.73 compared to 2.03inthesamequarterlastyear[1]ThereportedrevenuewasslightlybelowtheZacksConsensusEstimateof2.03 in the same quarter last year [1] - The reported revenue was slightly below the Zacks Consensus Estimate of 386.96 million, resulting in a surprise of -0.17%, while the EPS exceeded the consensus estimate of 1.68by+2.981.68 by +2.98% [1] Key Metrics - Rental revenues were reported at 344.90 million, which was below the average estimate of 387.04millionfromeightanalysts,alsoreflectingayearoveryeardeclineof0.3387.04 million from eight analysts, also reflecting a year-over-year decline of -0.3% [4] - Net Earnings per Share (Diluted) was 0.37, surpassing the average estimate of 0.34fromsevenanalysts[4]Nonpropertyincomeshowedsignificantvariances,withtotalnonpropertyincomereportedat0.34 from seven analysts [4] - Non-property income showed significant variances, with total non-property income reported at -0.93 million against an average estimate of 7.05millionfromfouranalysts,andincomeondeferredcompensationplansat7.05 million from four analysts, and income on deferred compensation plans at -2.51 million compared to an estimate of $6.50 million from three analysts [4] Stock Performance - Camden's shares have returned +4.7% over the past month, outperforming the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]