Equity Residential (EQR) Sees '24 Revenues, NOI & FFO at High End
EQREquity Residential(EQR) zacks.com·2024-05-29 23:42

Equity Residential (EQR) expects its 2024 same-store revenues, net operating income (NOI) and normalized funds from operations (FFO) per share results toward the higher end of its existing guidance ranges.This latest projection comes with the residential REIT experiencing sustained high demand across its market, which is pushing physical occupancy above expectations. Also, strong pricing power in its East Coast markets and continued recovery in its West Coast markets are tailwinds.Equity Residential noted t ...