Equity Residential (EQR) Tops Q2 EPS by 42c
Equity Residential (NYSE: EQR) reported Q2 FFO of $0.77, may not compare, $0.42 better than the analyst estimate of $0.35. Revenue for the quarter came in at $612.480 million versus the consensus estimate of $608.49 million.
GUIDANCE:
Equity Residential sees Q3 2017 FFO of $0.77-$0.81.
Equity Residential sees FY 2017 FFO of $3.08-$3.14.
2017 Same Store Assumptions
- Physical occupancy 95.8%
- Revenue change 1.75% to 2.25%
- Expense change 3.25% to 4.0%
- NOI change 0.75% to 1.75%
For earnings history and earnings-related data on Equity Residential (EQR) click here.
