- Q2 adjusted FFO of $90.5M or $0.99 per share vs. $84.1M and $0.92 one year ago. FFO of $1.15 vs. $1.12.
- Same-property revenues up 4.3% Y/Y; expenses up 5.3%; NOI up 3.7%.
- Same-property occupancy of 95.5% down 50 basis points.
- Full-year FFO guidance of $4.50-$4.60 per share; Q3 of $1.07-$1.11. Assumes 4-4.5% NOI growth.
- A special dividend of $4-$4.50 per share is anticipated to be paid in Q3 (regular quarterly payout is $0.75).
- CC tomorrow at 12 ET
- Previously: Camden Property Trust FFO in-line, beats on revenue (July 28)
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CPT flat after hours