Equity Residential (EQR) Reports Q1 FFO of $0.87

Equity Residential (NYSE: EQR) reported Q1 FFO of $0.87, versus $0.82 reported last year. Revenue for the quarter came in at $682.3 million versus the consensus estimate of $686.11 million.

2020 Guidance

Due to the inherent uncertainty surrounding the social and economic disruption resulting from the COVID-19 pandemic, the Company believes it is appropriate to withdraw its full-year 2020 guidance, which was included in its January 28, 2020 earnings release. The Company is also suspending issuing guidance in future periods until there is greater certainty surrounding the impact of the ongoing pandemic.

For earnings history and earnings-related data on Equity Residential (EQR) click here.

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