Camden Q1 Core FFO $1.70 beats guidance; reported FFO $1.15 on $53M litigation charge

CAMDEN PROPERTY TRUST

2026-Q1 EPS reported $0.40 revenue$2,143,000

Q1 Core FFO $1.70 vs midpoint guidance $1.66; reported FFO $1.15 includes $0.48 litigation charge.
Same property NOI fell 0.7% YoY; occupancy 95.1% vs 95.4% a year ago.
Agreed to settle revenue management class action for $53M; charge recorded in Q1, excluded from Core FFO.
Repurchased 2.63M shares for $278.8M in Q1; YTD total $422.9M; $297.8M remaining under program.
2026 FFO guidance lowered to $6.10 midpoint from $6.61; Core FFO unchanged at $6.75.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CAMDEN PROPERTY TRUST reported the three months ended March 31, 2026 results: net income $0.40, EPS $0.40.

Period: the three months ended March 31, 2026
Net income: $0.40
EPS: $0.40
Result: reported results

Exact text from the filing

of EPS to FFO, Core FFO, and Core AFFO is included in the financial tables accompanying this press release. Three Months Ended March 31, Per Diluted Share 2026 2025 EPS $0.40 $0.36 FFO $1.15 $1.70 Core FFO $1.70 $1.72 Core AFFO $1.55 $1.58 Three Months Ended 1Q26 Guidance 1Q26 Guidance Per Diluted Share March 31, 2026 Midpoint Variance EPS (1) $0.40

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Source: SEC EDGAR

accession 0001628280-26-028942

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