Cantor Fitzgerald Downgrades Equity Residential (EQR) to Hold
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Equity Residential Reports Second Quarter 2016 Results
July 26, 2016 4:13 PM EDTRevises Full Year Financial and Operating Guidance
CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2016. All per share results are reported as available to common shares/units on a diluted basis.
After five consecutive years of exceptional fundamentals, elevated levels of new supply and slowing growth of higher paying jobs in San Francisco and New York have created headwinds that cause us to reduce our revenue growth expectations to be more in line with long term historical trends, said David J. Neithercut,... More
