Equity Residential (EQR) Reports In-Line Q2 FFO, Updates FY Guidance

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Equity Residential Reports Second Quarter 2015 Results

July 28, 2015 4:11 PM EDT

Same Store Revenue Increased 4.9%

Same Store NOI Increased 5.5%

Normalized FFO per Share Increased 9.0%

Raises 2015 Same Store Revenue and NOI Guidance on Strong Operations

CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2015. All per share results are reported as available to common shares on a diluted basis.

Fundamental apartment demand in the coastal, high density urban markets targeted by Equity Residential continues to benefit significantly from extremely favorable demographics, steady... More