Analysts project that Camden (CPT) will announce quarterly earnings of $1.69 per share, a 1.2% decline from last year. Revenues are expected to reach $399.41 million, a 3.1% increase. The consensus EPS estimate has been revised downward by 0.1% in the past 30 days, indicating analysts’ reassessment of initial estimates.

Before a company’s earnings release, it’s crucial to consider any revisions made to earnings projections. These revisions are a key factor in predicting investor behaviors towards the stock. Analysts suggest that trends in earnings estimate revisions strongly correlate with short-term stock performance.

Investors often use consensus earnings and revenue estimates to gauge quarterly business performance. Analysts are projecting a year-over-year change of +15.8% for ‘Rental revenues’ and estimate ‘Non-property income- Total’ to be $5.76 million, down from $11.03 million last year. ‘Non-property income- Income/(loss) on deferred compensation plans’ is expected to be $5.68 million, lower than $8.25 million last year.

Analysts anticipate ‘Depreciation and amortization’ to be $158.01 million. Camden shares have seen returns of -1.9% compared to the Zacks S&P 500 composite’s +1% change in the past month. With a Zacks Rank #4 (Sell), CPT is likely to underperform the market. Download 7 Best Stocks for the Next 30 Days for more recommendations.

Read more at Yahoo Finance: What You Should Know Beyond the Headline Estimates