Camden Property Trust Q2 Income Climbs 3%

(RTTNews) - Camden Property Trust (CPT) released a profit for its second quarter that climbed from last year.

The company said its bottom line climbed to $105.58 million, or $1.15 per share. This was up from $102.04 million, or $1.12 per share, in last year's second quarter.

Analysts had expected the company to earn $1.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.3% to $221.48 million. This was up from $206.43 million last year.

Camden Property Trust earnings at a glance:

-Earnings (Q2): $105.58 Mln. vs. $102.04 Mln. last year. -Earnings Growth (Y-o-Y): 3.5% -EPS (Q2): $1.15 vs. $1.12 last year. -EPS Growth (Y-o-Y): 2.7% -Analysts Estimate: $1.15 -Revenue (Q2): $221.48 Mln vs. $206.43 Mln last year. -Revenue Change (Y-o-Y): 7.3%

-Guidance: Next quarter EPS guidance: $1.07 - $1.11 Full year EPS guidance: $4.50 - $4.60