Q3 2024 Management Presentation OCTOBER 2024 ARBOUR SQUARE – WESTMINSTER, CO UNION AT CARROLLTON SQUARE APARTMENTS CARROLLTON, TX This presentation is complementary to the Company's conference call to discuss its Third Quarter 2024 earnings on October 31, 2024 and should be read in conjunction with the Company's earnings release dated October 30, 2024. See the Appendix on pages 11 through 17 for information about forward-looking statements, a glossary of defined terms and a related reconciliation of non-GAA ...

For the quarter ended September 2024, Equity Residential (EQR) reported revenue of $748.35 million, up 3.4% over the same period last year. EPS came in at $0.98, compared to $0.45 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $742.89 million, representing a surprise of +0.73%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.98. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Equity Residential (EQR) came out with quarterly funds from operations (FFO) of $0.98 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.96 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.96 per share when it actually produced FFO of $0.97, delivering a surprise of 1.04%.Over the last four quarters, the company has surpassed consensus FFO estimates two times.Equit ...

Sandy Springs, GA RI Sixes Ridg Holly Spring: Arbou Westminster, Union at Carrollton Square Carrollton, TX Station 92 - Woodstock, GA Trailwinds Grapevi Grapevine, TX 를 Equity Residential Third Quarter 2024 Earnings Release and Supplemental Information Ayla at Stonebriar Frisco, TX Milehouse - Denver, Q3 2024 Total Acquisitions of $1.26B 04W | --- | --- | --- | --- | --- | --- | --- | |-------------------------------|--------------------------|-----------|-------|-------|-------|-------| | | | | | | | | | V ...

Analysts on Wall Street project that Equity Residential (EQR) will announce quarterly earnings of $0.98 per share in its forthcoming report, representing an increase of 2.1% year over year. Revenues are projected to reach $742.89 million, increasing 2.6% from the same quarter last year. Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. ...

The real estate sector is holding firm in a bullish formation, displaying notable resilience compared to the broader market. The Real Estate Select Sector SPDR Fund ETF NYSE: XLRE has been consolidating near its highs, just 2.7% away from its 52-week peak, setting the stage for a potential breakout in the year's final quarter. While the broader market faced selling pressure mid-week, with the SPY ETF dropping nearly 1% on Wednesday, XLRE demonstrated relative strength, closing the day up almost 1%. This bri ...

Equity Residential (EQR) is slated to report third-quarter 2024 results after the closing bell on Oct. 30. The company’s quarterly results are likely to reflect growth in revenues and funds from operations (FFO) per share.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, this Chicago, IL-based residential real estate investment trust (REIT) came up with a positive surprise of 1.04% in terms of normalized FFO per share. Results reflected decent same-store ...

Equity Residential (EQR) is likely to benefit from its high-quality, diversified portfolio targeting affluent renters. The strategic portfolio repositioning and technological enhancements are likely to aid the company. However, the elevated supply of residential rental units in some of its markets is a concern.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during the primary leasing season. The company reiterated its earlier guidance of blended rate grow ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MAA; CPT, AVB, ESS, EQR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to g ...

Shares of Equity Residential (EQR) have risen 20.8% year to date, outperforming the industry's growth of 12.3%.In September 2024, EQR reported that it witnessed healthy demand and pricing for its apartment units during its primary leasing season. The company reiterated its earlier guidance of blended rate growth between 2% and 3% for the third quarter of 2024 and a physical occupancy level of 96.2% for the full-year 2024. It added that its same-store revenue growth will be able to meet its previous guided r ...