Equity Residential (EQR) Tops Q2 EPS by 1c, Offers Guidance

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Equity Residential Reports Second Quarter 2018 Results

July 24, 2018 4:24 PM EDT

Raises Midpoint of Same Store Revenue Guidance

CHICAGO--(BUSINESS WIRE)-- Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2018. All per share results are reported as available to common shares/units on a diluted basis. Earnings per Share (EPS) was $0.31, Funds From Operations (FFO) was $0.81 per share and Normalized FFO was $0.81 per share for the second quarter of 2018, each as described in further detail below.

The primary leasing season of 2018 has again demonstrated the resilient and nearly insatiable demand for rental housing across our... More