Camden Property Trust Announces 28% Advance In Q4 Bottom Line

(RTTNews) - Camden Property Trust (CPT) reported a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line advanced to $92.15 million, or $1.01 per share. This was up from $71.94 million, or $0.79 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 6.1% to $229.66 million. This was up from $216.46 million last year.

Camden Property Trust earnings at a glance:

-Earnings (Q4): $92.15 Mln. vs. $71.94 Mln. last year. -Earnings Growth (Y-o-Y): 28.1% -EPS (Q4): $1.01 vs. $0.79 last year. -EPS Growth (Y-o-Y): 27.8% -Revenue (Q4): $229.66 Mln vs. $216.46 Mln last year. -Revenue Change (Y-o-Y): 6.1%

-Guidance: Next quarter EPS guidance: $1.16 - $1.20 Full year EPS guidance: $4.75 - $4.95