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

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Equity Residential Reports Full Year 2015 Results

February 2, 2016 4:17 PM EST

Same Store Revenue Increased 5.1%

Same Store NOI Increased 6.5%

Normalized FFO per Share Increased 9.1%

CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) today reported results for the quarter and year ended December 31, 2015. All per share results are reported as available to common shares on a diluted basis.

We are delighted to have delivered a 9.1% increase in Normalized FFO in 2015 driven by another very strong year of same store revenue growth, said David J. Neithercut, Equity Residentials President and CEO.... More