Camden Property Trust publishes third-quarter 2026 earnings call transcript
CPT•Camden Property Trust lowered full-year same-store revenue growth guidance to 0% and projected NOI growth to negative 1%. Core FFO was $1.71 per share, while the full-year midpoint remained $6.75.
1. Guidance and results
On its November 6 third-quarter earnings call, Camden Property Trust said full-year same-store revenue growth guidance fell to 0% and projected NOI growth dropped to negative 1%, reflecting greater-than-expected seasonality and persistent concessions. Core FFO reached $1.71 per share, and the full-year midpoint remained $6.75 as higher construction fees helped offset weaker revenue; management also canceled acquisitions of two communities and one land parcel.
