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Camden Property Trust reported EPS of $0.35, FFO of $1.25, and AFFO of $1.03 for the three months ended September 30, 2020. Same property revenue increased by 0.8% compared to Q3 2019.
Net income attributable to common shareholders was $0.35 per diluted share.
Funds from operations was $1.25 per diluted share.
Adjusted funds from operations was $1.03 per diluted share.
Same property occupancy was 95.6%.
Camden updated its earnings guidance for 2020 based on its current and expected views of the apartment market and general economic conditions, and provided guidance for fourth quarter 2020.