Alexander Goldfarb
Analyst, Piper Sandler
Replay available
Essex Property Trust, Inc. (NYSE: ESS) Q3 2025 earnings conference call, held 2025-10-30. Replay captured from the company's public earnings webcast.

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WEBVTT 00:00:00.031 -- 00:00:04.857 Good day and welcome to Essex Property Trust's third quarter 2025 earnings call. 00:00:04.857 -- 00:00:08.282 As a reminder, today's conference call is being recorded. 00:00:08.282 -- 00:00:12.587 Statements made on this conference call regarding expected operating results and other 00:00:12.587 -- 00:00:17.353 future events are forward-looking statements that involve risks and uncertainties. 00:00:17.353 -- 00:00:21.879 Forward-looking statements are made based on current expectations, assumptions, and beliefs, 00:00:21.879 -- 00:00:25.443 as well as information available to the company at this time. 00:00:25.443 -- 00:00:30.153 A number of factors could cause actual results to differ materially from those anticipated. 00:00:30.153 -- 00:00:33.876 Further information about these risks can be found on the company's filings with the 00:00:33.876 -- 00:00:37.259 SEC. It is now my pleasure to introduce your host, Ms. 00:00:37.259 -- 00:00:42.203 Angela Kleiman, President and Chief Executive Officer for Essex Property Trust. 00:00:42.203 -- 00:00:44.966 Thank you, Ms. Kleiman. You may begin. 00:00:44.966 -- 00:00:47.808 Welcome to Essex's third quarter earnings call. 00:00:47.808 -- 00:00:52.633 Our pack will follow with prepared remarks and Ryland Burns is here for Q&A. 00:00:52.633 -- 00:00:57.957 We are pleased to report solid results for the third quarter, highlighted by a $0.03 00:00:57.957 -- 00:01:03.533 FFO outperformance, and an increase to our core FFO full-year guidance. 00:01:03.533 -- 00:01:08.880 Today, I will cover key takeaways from the quarter, my high-level outlook for 2026, 00:01:08.880 -- 00:01:12.525 and provide an update on the transaction markets. 00:01:12.525 -- 00:01:17.832 Starting with operations, our portfol...