Camden Q2 EPS $0.74 includes $0.43 gain; 2025 Core FFO guidance raised to $6.81

CAMDEN PROPERTY TRUST

2025-Q2 EPS reported $1.10 revenue$5,120,000

EPS $0.74 (vs $0.40) includes $0.43 gain on sale; Core FFO $1.70 (vs $1.71).
Same property NOI +0.2% YoY; occupancy 95.6% (vs 95.3%), blended lease rates +0.7%.
Acquired Camden Clearwater (360 homes) for $138.7M; sold Houston community for $60M, realized $47.3M gain.
2025 Core FFO guidance midpoint raised to $6.81 from $6.78; same property NOI guidance improved to 0.25%.
Liquidity $717.5M at June 30; $312.2M remaining on wholly-owned development pipeline.

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