NYSE$CPT

Camden Property Trust · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Camden reported strong performance for Q1 2020, with same property growth and FFO per share both slightly better than anticipated.

Camden Property Trust announced operating results for the three months ended March 31, 2020, with strong performance and FFO per share both slightly better than anticipated.

  • Reported strong performance for the first quarter of 2020.
  • Same property growth and FFO per share were slightly better than anticipated.
  • Committed to providing a great place to live for residents and a great place to work for team members.
  • Top priority is the continued safety and well-being of residents and team members.

Headline financials

Total Revenue

$2.53M

Previous: $249M-99.0%
EPS (adj)

$1.35

Previous: $1.22+10.7%
Capital Expenditures

-$113M

Previous: -$177M+36.4%
Free Cash Flow

-$69.3M

Previous: -$138M+49.9%
Net Income

$43.3M

Previous: $38.6M+12.1%
Operating Income

$94.7M

Previous: $98M-3.4%
Gross Profit

$199M

Previous: $192M+4.1%
Cash & Equivalents

$22.3M

Previous: $6.09M+265.7%
Total Assets

$6.72B

Previous: $6.29B+6.8%
Stock-Based Comp

$3.43M

Previous: $4.03M-14.8%

Revenue & EPS history

Camden · Revenue · Quarterly

$2.53M

Q1 2020-99%vs Q1 2019
Beat estimate in 2 of 16 quarters(13%)
ActualEstimate

Forward guidance

Given the uncertainty surrounding the social and economic impact from COVID-19, Camden has withdrawn its 2020 earnings guidance and will not be providing an update to its financial outlook at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.7%

Avg return

Earnings day

+0.7%

Avg return

5 days after

+1.4%

Avg return

30 days after

63%

43 / 68 earnings

Positive

+6.7%

Q2 2024

Best reaction

-8.2%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%-0.2%+1.4%
Q4 2025+0.1%+3.9%-0.0%
Q3 2025+2.5%+3.4%+4.6%
Q1 2025+5.1%+3.6%+2.3%
Q4 2024+1.2%+0.6%+3.2%
Q3 2024-3.1%+0.5%+7.2%
Q2 2024+6.7%+5.8%+13.0%
Q1 2024+6.6%+7.5%+4.2%
Q4 2023+2.9%+1.6%+2.1%
Q3 2023-8.2%-7.2%-3.0%
Q2 2023+1.3%+1.3%-0.4%
Q1 2023+5.8%+5.1%-0.1%
Q4 2022-1.6%-0.1%-6.2%
Q3 2022-0.1%+0.3%+2.7%
Q2 2022+3.9%+0.9%-0.8%
Q1 2022-3.0%-5.6%-10.3%
Q4 2021+1.9%-0.6%+5.7%
Q3 2021+2.3%+1.3%+4.7%
Q2 2021+2.3%+1.6%+0.5%
Q1 2021+1.4%+0.5%+5.6%
Q4 2020-1.9%-2.5%-1.0%
Q3 2020+4.6%+11.6%+10.8%
Q2 2020-0.5%-2.1%-0.2%
Q1 2020+5.2%+0.1%+16.1%
Q4 2019+1.8%+1.6%-4.0%
Q3 2019-0.2%-2.2%-2.7%
Q2 2019-1.1%-0.9%-0.6%
Q1 2019+0.4%-1.3%+3.0%
Q4 2018+0.1%+1.5%+1.1%
Q3 2018-3.1%-0.5%+0.2%
Q2 2018+0.6%+0.2%+1.9%
Q1 2018+0.6%+1.0%+3.9%
Q4 2017-3.7%-5.6%-9.3%
Q3 2017+0.0%+0.0%+2.9%
Q2 2017+1.2%+1.0%+2.2%
Q1 2017+0.7%-0.3%+3.5%
Q4 2016-2.7%-2.7%-6.4%
Q3 2016-0.3%+1.1%-1.6%
Q2 2016+3.7%+1.7%-0.2%
Q1 2016-1.6%
Q4 2015+3.6%
Q3 2015-3.8%
Q2 2015+1.3%
Q1 2015-1.7%
Q4 2014-1.7%
Q3 2014+1.9%
Q2 2014-1.9%
Q1 2014+1.9%
Q4 2013+2.4%
Q3 2013-5.2%
Q2 2013-0.1%
Q1 2013-0.9%
Q4 2012-1.8%
Q3 2012+2.4%
Q2 2012-0.5%
Q1 2012+0.2%
Q4 2011-1.9%
Q3 2011+1.4%
Q2 2011+0.0%
Q4 2010+0.0%
Q1 2010+0.9%
Q1 2011+1.5%
Q4 2008+2.6%
Q3 2009+0.5%
Q3 2010+0.5%
Q4 2009+4.4%
Q2 2010+4.4%
Q2 2009+4.4%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro