ESS Earnings

ESS reported its earnings on 2026-02-04, showcasing a revenue of 479.63M against an estimate of 476.57M, resulting in a 0.64% surprise. The EPS was 3.98, surpassing the expected 4 by -0.5%. The stock experienced a -0.43% price change on the earnings day and a 3.94% change over the next five days, reflecting market reactions to the results.

Following ESS's earnings announcement on 2026-02-04, the stock price moved by -0.43% on the day of the release. Over the subsequent five days, it saw a 3.94% change. Historically, ESS's stock price tends to shift by an average of 0.08% in the 10 days leading up to earnings and 0.49% in the 10 days following, providing insight into potential market.

For 2025/Q2, analysts estimate ESS's annual revenue to reach 466.47M, while the EPS is projected at undefined. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates revised downward by -1.8% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ESS's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved revised downward by -1.8%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ESS's stock price typically moves by 0.08% in the 10 days before its earnings and 0.49% in the 10 days after. For the upcoming 2025/Q2 earnings, analysts expect an EPS of undefined and revenue of 466.47M.

The earnings call presents a mixed outlook with some positive elements like raised Core FFO guidance and stable regional market forecasts, but also includes potential concerns such as no development starts and flat lease rate growth. The Q&A section reveals a cautious sentiment with management avoiding specifics on key metrics. The absence of any significant new partnerships or shareholder return plans further tempers the positive impact. Overall, the sentiment suggests a neutral stock price movement over the next two weeks.