Camden Property Trust (CPT) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter rose compared to both the immediately preceding quarter and the same quarter one year earlier. The filing discusses maintaining a strong balance sheet and conservative capital structure.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter rose compared to both the immediately preceding quarter and the same quarter one year earlier. The filing discusses maintaining a strong balance sheet and conservative capital structure.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.6M
Revenue reported for this quarter.
Quarter-over-quarter
+103.0%
Change from the immediately preceding quarter.
Year-over-year
+263.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$6M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $1.1M | +74.6% |
| Dec 31, 2023 | $1.1M | +15.8% |
| Mar 31, 2024 | $1.3M | +122.1% |
| Jun 30, 2024 | $2.6M | +263.0% |
Revenue performance
The reported revenue increased from the prior quarter, continuing an upward trend seen in recent periods.
Quarterly comparison
Revenue was higher than both the immediately preceding quarter and the same quarter one year ago, reflecting growth over those periods.
What to watch
Monitor the company's debt maturity profile and interest coverage ratio as highlighted in the liquidity discussion.