Camden Property Trust Projects Q4 Core FFO Between $1.63 and $1.67
Camden Property Trust (CPT) has provided its financial guidance for the fourth quarter, projecting core Funds From Operations (FFO) per share to fall within the range of $1.63 to $1.67. Despite this quarterly outlook, the company is maintaining its full-year midpoint guidance at $6.75 per share. During the Q3 earnings call, CEO Alexander Jessett attributed recent earnings outperformance to strong results from the company's construction services division. Specifically, the Camden Builders team generated significant fee income, contributing positively to the overall financial results for the period.
Tickers: $CPT
Topics: construction services earnings outperformance fee income