Want to join the conversation?
Austin Wurschmidt of KeyBanc Capital Markets asks about the guidance for Northern California. $ESS said it is not expecting an acceleration in rent but it expects 4Q16 to be better than last year. The guidance assumes that rents do not fall off as they do seasonally and that $ESS will be able to maintain rents and achieve renewals of 5-6%.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.