Camden Property Trust Q2 FY26 EPS drops 75.68% to $0.18; revenue slips 0.9% to $392.94 million
Reuters2026/07/30 20:57- Camden Property Trust posted 2Q GAAP EPS of USD 0.18, down from USD 0.74 a year earlier.
- 2Q FFO per diluted share edged up to USD 1.68 from USD 1.67, while Core FFO slipped to USD 1.68 from USD 1.70.
- Same-property NOI excluding California fell 1.4% year over year, as expenses rose 2.4% and revenues dipped 0.1%.
- Sold 11 California communities for about USD 1.63 billion on July 29; about USD 0.9 billion of proceeds earmarked to retire revolving credit facility and commercial paper.
- Raised 2026 GAAP EPS guidance midpoint to USD 9.93 from USD 0.66, while keeping Core FFO midpoint unchanged at USD 6.75.
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