Equity Residential Reports First Quarter 2021 Results

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Equity Residential (EQR) PT Raised to $72 at RBC Capital Following Earnings

April 28, 2021 1:38 PM EDT

RBC Capital analyst Brad Heffern raised the price target on Equity Residential (NYSE: EQR) to $72.00 (from $70.00) while maintaining a Sector Perform rating.

The analyst commented, "1Q21 held few surprises, but management commentary was very robust as the company sees the return of... More

Equity Residential (EQR) Reports Q1 FFO of $0.68

April 27, 2021 4:26 PM EDT

Equity Residential (NYSE: EQR) reported Q1 FFO of $0.68, versus $0.87 reported last year. Revenue for the quarter came in at $597.6 million versus the consensus estimate of $594.09 million.

GUIDANCE:

Equity Residential sees Q2 2021 FFO of $0.67-$0.71.

Equity Residential sees FY2021 FFO of... More