Equity Residential (EQR) Surpasses Q2 FFO Estimates

Equity Residential (EQR) came out with quarterly funds from operations (FFO) of $0.97 per share, beating the Zacks Consensus Estimate of$0.96 per share. This compares to FFO of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 1.04$0.91 per share when it actually produced FFO of $0.93, delivering a surprise of 2.20%.Over the last four qu ...