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Stock impact report

Equity Residential guides to higher Q2 FFO [Seeking Alpha]

Equity Residential Common Shares of Beneficial Interest (EQR) 
Last equity residential common shares of beneficial interest earnings: 1/28 04:16 pm Check Earnings Report
US:NYSE Investor Relations: investors.equityapartments.com
Company Research Source: Seeking Alpha
Equity Residential guides to higher Q2 FFOQ1 normalized FFO per share of $0.77 up from $0.74 a year ago.Same store revenues up 2.2% Y/Y, expenses up 3.9%, NOI up 1.5%. Average rental rate up 1.9%, with physical occupancy up 10 basis points to 96%.Q2 normalized FFO per share guidance of $0.77-$0.81. The midpoint of $0.79 is up $0.02 from Q1 thanks to $0.01 in boosted NOI and $0.01 in lower corporate overhead.Earnings call at 11 ETPreviously:Equity Residential misses by $0.01, beats on revenue (April 24)EQR flat premarketClick to subscribe to real-time analytics on EQRNow read:3 Steady Dividends You Should Buy In 2018 » Show less Read more
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