88% of real estate names beat revenue estimates this week

Earnings
โดย Seeking Alpha·Read original
Summary · why it matters

Out of 18 financial names that reported earnings this week, most posted beats on FFO, EPS, and revenue. Public Storage, Regency Centers, and VICI Properties missed on FFO, while CoStar Group and Mid-America Apartment missed on revenue. American Tower posted stronger-than-expected Q2 earnings and revenue, fueled by robust leasing demand, and boosted 2026 guidance. VICI Properties' second-quarter earnings and updated full-year 2026 guidance failed to impress investors, with AFFO per share of $0.62 in line with consensus and revenue of $1.06 billion exceeding estimates. Essex Property Trust reported FFO of $4.08, beating expectations by $0.04, and received an upgrade to Market Outperform from Citizens.

Impact on stocks 7

Real Estate · 6 stocks
Public Storage
PSA
▼ NegativeCapitalrelevance

Public Storage missed on FFO in its earnings report.

VICI Properties Inc
VICI
▼ NegativeCapitalrelevance

VICI's Q2 earnings and updated guidance failed to impress, with AFFO in line and revenue beat not enough to offset disappointment.

Cloud & Digital Infrastructure · 1 stocks
American Tower Corp
AMT
▲ PositiveDemandrelevance

American Tower reported stronger-than-expected Q2 earnings and revenue, fueled by robust leasing demand, and boosted 2026 guidance.