Equity Residential (EQR) Tops Q4 FFO by 1c, Offers Q1 & FY16 Guidance

Equity Residential (NYSE: EQR) reported Q4 FFO of $0.93, $0.01 better than the analyst estimate of $0.92. Revenue for the quarter came in at $703.2 million versus the consensus estimate of $703.65 million.

GUIDANCE:

Equity Residential sees FY2016 FFO of $3.00-$3.20, versus the consensus of $3.25.

Equity Residential sees Q1 2016 FFO of $0.73-$0.77, versus the consensus of $0.79.

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

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