Equity Residential Q3 FFO Meets Estimates, Revenues Increase Y/Y
EQREquity Residential(EQR) ZACKS·2024-11-01 01:16

Equity Residential (EQR) reported third-quarter 2024 normalized funds from operations (FFO) per share of 98 cents, in line with the Zacks Consensus Estimate. On a year-over-year basis, the normalized FFO per share grew 2.1%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results reflect decent same-store performances, backed by healthy demand amid modest supply. The company revised its 2024 guidance.The quarterly rental income of $748.3 million surpassed the Zacks Consensus Estimate ...