Equity Residential (EQR) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Equity Residential (EQR) reported revenue of $782.41 million for Q3 2025, a year-over-year increase of 4.6% [1] - The earnings per share (EPS) for the same period was $1.02, compared to $0.38 a year ago, with no EPS surprise as the consensus estimate was also $1.02 [1] - The reported revenue exceeded the Zacks Consensus Estimate of $781.41 million by 0.13% [1] Financial Performance Metrics - The physical occupancy rate was 96.3%, slightly below the estimated 96.5% by analysts [4] - Total apartment units stood at 75,473, significantly lower than the average estimate of 85,848 from analysts [4] - Same store revenue growth was reported at 3%, compared to the average estimate of 3.2% [4] - Rental income from same store properties was $727.56 million, below the average estimate of $731.89 million, reflecting a year-over-year change of 0.7% [4] - Net earnings per share (diluted) were reported at $0.76, exceeding the average estimate of $0.48 [4] Stock Performance - Over the past month, shares of Equity Residential have returned -1.3%, while the Zacks S&P 500 composite has increased by 3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]