Camden Property Trust Reports 1% Fall In Q3 Earnings

(RTTNews) - Camden Property Trust (CPT) revealed earnings for third quarter that fell from last year.

The company said its bottom line declined to $84.99 million, or $0.92 per share. This was down from $86.14 million, or $0.94 per share, in last year's third quarter.

The company said revenue for the quarter rose 3.6% to $220.24 million. This was up from $212.59 million last year.

Camden Property Trust earnings at a glance:

-Earnings (Q3): $84.99 Mln. vs. $86.14 Mln. last year. -Earnings Decline (Y-o-Y): -1.3% -EPS (Q3): $0.92 vs. $0.94 last year. -EPS Decline (Y-o-Y): -2.1% -Revenue (Q3): $220.24 Mln vs. $212.59 Mln last year. -Revenue Change (Y-o-Y): 3.6%

-Guidance: Next quarter EPS guidance: $1.12 - $1.16 Full year EPS guidance: $4.61 - $4.65