Equity Residential (EQR) Provides Operating Update

Equity Residential (NYSE: EQR) today provided an update on certain same store operating trends in its business. Same store revenue growth remains on track within the Company’s guidance range as described in its second quarter 2024 earnings release published on July 29, 2024. The Company is finishing its primary leasing season with healthy demand and pricing for its apartment units. The Company continues to expect to produce Blended Rate growth of 2.0% to 3.0% for the third quarter of 2024 and Physical Occupancy of 96.2% for the full year 2024.

You May Also Be Interested In

• Corning (GLW) files for up to $2B offering of common shares
• AstraZeneca's camizestrant fails primary endpoint in breast cancer trial
• Tenon Medical raises $2.87M through warrant inducement deal