secwatch.observer — SEC 8-K summary
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Issuer:     CAMDEN PROPERTY TRUST (CPT)
CIK:        0000906345
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000906345-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Camden Q2 EPS $0.40, FFO $1.71; raises 2024 Core FFO guidance to $6.79 mid
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- Q2 GAAP EPS $0.40 (vs $0.84 in Q2 2023); FFO $1.71 per share (vs $1.67).
- Core FFO $1.71 per share, beating midpoint guidance by $0.04.
- Same-property NOI grew 0.9% YoY on 1.4% revenue growth and 2.5% expense growth.
- 2024 Core FFO guidance raised to $6.74-$6.84 from $6.69-$6.79.
- Hurricane Beryl expected to incur $2-3M in storm-related expenses, net of insurance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906345/000090634524000023/0000906345-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906345/000090634524000023/cpt-20240801.htm
  HTML page:      https://secwatch.observer/filing/0000906345-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer