Camden Property Trust Announces 15% Advance In Q1 Profit

(RTTNews) - Camden Property Trust (CPT) reported a profit for its first quarter that gained ground from last year.

The company said its bottom line rose to $100.82 million, or $1.10 per share. This was higher than $87.88 million, or $0.96 per share, in last year's first quarter.

The company said revenue for the quarter rose 7.9% to $217.60 million. This was up from $201.61 million last year.

Camden Property Trust earnings at a glance:

-Earnings (Q1): $100.82 Mln. vs. $87.88 Mln. last year. -Earnings Growth (Y-o-Y): 14.7% -EPS (Q1): $1.10 vs. $0.96 last year. -EPS Growth (Y-o-Y): 14.6% -Revenue (Q1): $217.60 Mln vs. $201.61 Mln last year. -Revenue Change (Y-o-Y): 7.9%