Earnings Surprises
Biggest EPS beats and misses, ranked by post-earnings price reaction. Free data, no paywall.
Ranked by EPS surprise % (highest first). Price reaction = day after report.
| # | Symbol | Company | Sector | Date | EPS Actual | EPS Est. | Surprise | Price Reaction |
|---|---|---|---|---|---|---|---|---|
| 1 | Sunstone Hotel Investors, Inc. | Real Estate | Feb 27, 2026 | $0.20 | $0.01 | +1900% | -1.8% | |
| 2 | Xenia Hotels & Resorts, Inc. | Real Estate | Feb 24, 2026 | $0.45 | $0.04 | +1186% | -3.3% | |
| 3 | Cousins Properties Incorporated | Real Estate | Apr 29, 2026 | $0.73↑ Raised | $0.06 | +1107% | 0.0% | |
Colin Connolly, President and Chief Executive Officer We had an outstanding start to 2026. The acceleration in Sun Belt migration drove one of the best office leasing quarters in the history of the company, and our late-stage leasing pipeline is exceptionally strong. | ||||||||
| 4 | UMH Properties, Inc. | Real Estate | Apr 30, 2026 | $0.23 | $0.02 | +1050% | +2.1% | |
| 5 | Independence Realty Trust, Inc. | Real Estate | Apr 29, 2026 | $0.26— Maintained | $0.03 | +767% | -0.1% | |
Scott Schaeffer, Chairman and CEO First quarter 2026 results were in line with our expectations and marked a solid start to the year. Portfolio occupancy and retention rates remain stable and supply pressure continues to abate across our portfolio. | ||||||||
| 6 | Easterly Government Properties, Inc. | Real Estate | Apr 27, 2026 | $0.77↑ Raised | $0.09 | +756% | +0.9% | |
Darrell Crate, President & CEO Stable operating performance and the successful execution of our first mezzanine investment highlight our strategic approach to capital allocation and earnings growth. | ||||||||
| 7 | Easterly Government Properties, Inc. | Real Estate | Feb 23, 2026 | $0.77 | $0.10 | +633% | -3.0% | |
| 8 | Sachem Capital Corp. 7.125% Not | Real Estate | Mar 12, 2026 | $0.03 | $0.00 | +578% | +0.1% | |
| 9 | Kilroy Realty Corporation | Real Estate | Apr 27, 2026 | $0.91↑ Raised | $0.14 | +544% | +7.0% | |
Angela Aman, Chief Executive Officer I am pleased to report on a remarkably strong quarter of execution across all facets of our business. First-quarter leasing activity, which totaled 568,000 square feet, represented the Company’s strongest first-quarter performance since 2017 | ||||||||
| 10 | Camden Property Trust | Real Estate | Apr 30, 2026 | $1.70— Maintained | $0.28 | +504% | -0.8% | |
| 11 | Acadia Realty Trust | Real Estate | Apr 28, 2026 | $0.30— Maintained | $0.05 | +498% | +1.9% | |
| 12 | Kite Realty Group Trust | Real Estate | Feb 17, 2026 | $0.51 | $0.09 | +478% | +1.5% | |
| 13 | Park Hotels & Resorts Inc. | Real Estate | Apr 30, 2026 | $0.45↑ Raised | $0.08 | +463% | +0.1% | |
Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer I am very pleased with our first quarter results, with Core RevPAR increasing over 5% year-over-year excluding the Royal Palm, driven by continued strength at our resort hotels. | ||||||||
| 14 | Healthpeak Properties, Inc. | Real Estate | May 5, 2026 | $0.28↑ Raised | $0.05 | +430% | +19.7% | |
| 15 | UDR, Inc. | Real Estate | Apr 29, 2026 | $0.62 | $0.13 | +377% | +0.4% | |
| 16 | CBL & Associates Properties, Inc. | Real Estate | Feb 13, 2026 | $1.56 | $0.34 | +359% | -3.1% | |
| 17 | Kite Realty Group Trust | Real Estate | Apr 29, 2026 | $0.52 | $0.12 | +352% | +0.0% | |
| 18 | Corporación Inmobiliaria Vesta, S.A.B. de C.V. | Real Estate | Feb 19, 2026 | $2.01 | $0.49 | +306% | +7.0% | |
| 19 | DiamondRock Hospitality Company | Real Estate | Feb 26, 2026 | $0.27 | $0.08 | +251% | -0.1% | |
| 20 | Xenia Hotels & Resorts, Inc. | Real Estate | May 1, 2026 | $0.63↑ Raised | $0.18 | +250% | -2.0% | |
Marcel Verbaas, Chair and Chief Executive Officer We are pleased with the strong start to 2026, as our portfolio delivered first quarter results that exceeded our expectations | ||||||||
| 21 | Corporación Inmobiliaria Vesta, S.A.B. de C.V. | Real Estate | Apr 23, 2026 | $1.25 | $0.40 | +213% | +2.1% | |
| 22 | Urban Edge Properties | Real Estate | Apr 29, 2026 | $0.36 | $0.12 | +212% | -0.9% | |
| 23 | Iron Mountain Incorporated | Real Estate | Apr 30, 2026 | $1.43 | $0.50 | +185% | +11.1% | |
| 24 | Essex Property Trust, Inc. | Real Estate | Apr 28, 2026 | $4.06 | $1.43 | +184% | +3.1% | |
| 25 | Weyerhaeuser Company | Real Estate | Apr 30, 2026 | $0.11 | $0.04 | +175% | -1.1% | |
We had an outstanding start to 2026. The acceleration in Sun Belt migration drove one of the best office leasing quarters in the history of the company, and our late-stage leasing pipeline is exceptionally strong.
First quarter 2026 results were in line with our expectations and marked a solid start to the year. Portfolio occupancy and retention rates remain stable and supply pressure continues to abate across our portfolio.
Stable operating performance and the successful execution of our first mezzanine investment highlight our strategic approach to capital allocation and earnings growth.
I am pleased to report on a remarkably strong quarter of execution across all facets of our business. First-quarter leasing activity, which totaled 568,000 square feet, represented the Company’s strongest first-quarter performance since 2017
I am very pleased with our first quarter results, with Core RevPAR increasing over 5% year-over-year excluding the Royal Palm, driven by continued strength at our resort hotels.
We are pleased with the strong start to 2026, as our portfolio delivered first quarter results that exceeded our expectations
Ranked by EPS miss % (worst first). Price reaction = day after report.
| # | Symbol | Company | Sector | Date | EPS Actual | EPS Est. | Surprise | Price Reaction |
|---|---|---|---|---|---|---|---|---|
| 1 | Sachem Capital Corp. 8.00% Note | Real Estate | Mar 12, 2026 | -$0.04 | $0.00 | -1140% | -1.1% | |
| 2 | Americold Realty Trust, Inc. | Real Estate | Feb 19, 2026 | -$0.31 | $0.08 | -488% | +11.8% | |
| 3 | Global Net Lease, Inc. | Real Estate | May 5, 2026 | -$0.08 | $0.10 | -180% | -1.5% | |
| 4 | Redwood Trust, Inc. 9.125% Seni | Real Estate | Apr 29, 2026 | -$0.07 | $0.16 | -143% | -0.8% | |
Christopher Abate, Chief Executive Officer of Redwood Trust We delivered a third consecutive quarter of record mortgage banking volume, as Sequoia and Aspire continued to scale while maintaining disciplined margins. | ||||||||
| 5 | Cushman & Wakefield plc | Real Estate | Feb 19, 2026 | -$0.10 | $0.53 | -119% | -1.7% | |
| 6 | MFA Financial, Inc. 8.875% Senior Notes | Real Estate | Apr 30, 2026 | -$0.01 | $0.31 | -103% | -1.5% | |
Craig Knutson, Chief Executive Officer We continued to make progress on our strategic initiatives during the first quarter of 2026 despite volatile market conditions and geopolitical developments. | ||||||||
| 7 | Howard Hughes Holdings Inc. | Real Estate | Feb 19, 2026 | $0.10 | $0.31 | -67.7% | -10.6% | |
| 8 | Veris Residential, Inc. | Real Estate | Apr 22, 2026 | $0.06 | $0.18 | -66.7% | 0.0% | |
| 9 | American Healthcare REIT, Inc. | Real Estate | Feb 26, 2026 | $0.06 | $0.15 | -61.3% | -1.3% | |
| 10 | Outfront Media Inc. | Real Estate | May 7, 2026 | $0.11 | $0.28 | -60.7% | +6.8% | |
Our first quarter results demonstrate our continued strong performance, with revenue, OIBDA, and AFFO all exceeding our guidance | ||||||||
| 11 | Alexander & Baldwin, Inc. | Real Estate | Mar 12, 2026 | $0.05 | $0.13 | -60.1% | — | |
| 12 | PennyMac Mortgage Investment Trust | Real Estate | May 5, 2026 | $0.16 | $0.37 | -56.6% | +0.2% | |
| 13 | Arbor Realty Trust, Inc. | Real Estate | May 8, 2026 | $0.07 | $0.16 | -56.3% | -18.5% | |
| 14 | Annaly Capital Management, Inc. | Real Estate | Apr 21, 2026 | $0.33 | $0.74 | -55.4% | -0.1% | |
Annaly delivered its tenth consecutive quarter of positive economic returns with EAD again outperforming the dividend | ||||||||
| 15 | Curbline Properties Corp. | Real Estate | Apr 28, 2026 | $0.03↑ Raised | $0.06 | -50.0% | -2.5% | |
David R. Lukes, President and Chief Executive Officer Curbline’s first quarter results highlight the Company’s strong start to the year with over $140 million of acquisitions, an acceleration in same-property NOI growth from the fourth quarter to 4.8%, and almost $500 million of private placement notes and common equity funded or raised. | ||||||||
| 16 | Sila Realty Trust, Inc. | Real Estate | Feb 24, 2026 | $0.09 | $0.17 | -47.1% | +3.1% | |
| 17 | LTC Properties, Inc. | Real Estate | Feb 24, 2026 | $0.70 | $1.30 | -46.1% | +1.1% | |
| 18 | KE Holdings Inc. | Real Estate | Mar 16, 2026 | $0.07 | $0.10 | -33.1% | +1.7% | |
| 19 | Apollo Commercial Real Estate Finance, Inc. | Real Estate | Apr 28, 2026 | $0.22 | $0.29 | -24.1% | -3.2% | |
| 20 | American Healthcare REIT, Inc. | Real Estate | May 7, 2026 | $0.13↑ Raised | $0.16 | -19.2% | +3.4% | |
Our first quarter results reflect another exceptionally strong period across our core metrics, including our ninth consecutive quarter of double-digit Same-Store NOI growth, efficient capital formation and accretive deployment, a strengthened balance sheet, and a raise to our full year 2026 Same-Store NOI growth and NFFO per share guidance. | ||||||||
| 21 | Park Hotels & Resorts Inc. | Real Estate | Feb 19, 2026 | $0.39 | $0.48 | -18.8% | -1.6% | |
| 22 | VICI Properties Inc. | Real Estate | Feb 25, 2026 | $0.57 | $0.70 | -18.1% | -1.6% | |
| 23 | Realty Income Corporation | Real Estate | May 6, 2026 | $0.33↑ Raised | $0.40 | -18.0% | -2.8% | |
Our first quarter results underscore the strength and resiliency of our global investment and operating platforms. Importantly, we demonstrated significant progress towards a key strategic goal of diversifying our sources of permanent equity beyond the public markets. | ||||||||
| 24 | Realty Income Corporation | Real Estate | Feb 24, 2026 | $0.32 | $0.38 | -16.6% | -1.0% | |
| 25 | Colliers International Group Inc. | Real Estate | Feb 13, 2026 | $1.87 | $2.24 | -16.5% | -4.9% | |
We delivered a third consecutive quarter of record mortgage banking volume, as Sequoia and Aspire continued to scale while maintaining disciplined margins.
We continued to make progress on our strategic initiatives during the first quarter of 2026 despite volatile market conditions and geopolitical developments.
Our first quarter results demonstrate our continued strong performance, with revenue, OIBDA, and AFFO all exceeding our guidance
Annaly delivered its tenth consecutive quarter of positive economic returns with EAD again outperforming the dividend
Curbline’s first quarter results highlight the Company’s strong start to the year with over $140 million of acquisitions, an acceleration in same-property NOI growth from the fourth quarter to 4.8%, and almost $500 million of private placement notes and common equity funded or raised.
Our first quarter results reflect another exceptionally strong period across our core metrics, including our ninth consecutive quarter of double-digit Same-Store NOI growth, efficient capital formation and accretive deployment, a strengthened balance sheet, and a raise to our full year 2026 Same-Store NOI growth and NFFO per share guidance.
Our first quarter results underscore the strength and resiliency of our global investment and operating platforms. Importantly, we demonstrated significant progress towards a key strategic goal of diversifying our sources of permanent equity beyond the public markets.