Skip to content
Optionomics Free · No account needed

Earnings analysis · 10-Q

CPT earnings analysis

Filed May 1, 2026 · Our reading of the company's report

The latest report

Camden Property Trust reported Q1 2026 results with revenue of $388.8 million, slightly below expectations of $389.9 million, while EPS exceeded estimates at $1.70 compared to an estimate of $1.66. The company noted a…

Read full summary

Camden Property Trust reported Q1 2026 results with revenue of $388.8 million, slightly below expectations of $389.9 million, while EPS exceeded estimates at $1.70 compared to an estimate of $1.66. The company noted a modest increase in same-store revenues, and an expected decline in FFO per share due to ongoing litigation, balancing concerns over certain expense increases.

Read the original on SEC.gov

From revenue to operating profit

Where each $100 of revenue went in this report.

Of every $100 of revenue Cost of sales $23 Operating expenses $57 Left as operating profit $20

Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.

Reported figures

Earnings per share
$1.7

What stood out

  • EPS Exceeds Estimates

    EPS was $1.70, beating estimates of $1.66 by 2.4%.

  • Revenue Performance

    Revenue totaled $388.8 million, slightly missing expectations of $389.9 million.

  • Same-Store Revenue Stability

    Same-store revenues grew by approximately 0.2% compared to the previous year.

  • Gain on Property Sale

    Recognized a gain of $68.1 million from the sale of an operating property.

  • Cost Control in G&A

    General and administrative expenses decreased by 13.2%, from $16.9 million to $14.7 million.

  • Available Liquidity

    Approximately $1.2 billion remains available under the unsecured revolving credit facility.

What to watch

  • Litigation Settlement Costs

    Entered into a binding term sheet to settle class action litigation for approximately $53.0 million.

  • Increased Debt Levels

    Interest expense increased by approximately $3.6 million due to new debt issuance.

  • Negative Operating Income Trends

    Total property NOI declined approximately $2.4 million, or 1.0%, compared to last year.

Management's outlook

Guidance reflects a decrease in FFO expectations due to ongoing litigation.

This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.