Equity Residential (EQR) Q4 FFO and Revenues Miss Estimates

Core Viewpoint - Equity Residential (EQR) reported quarterly funds from operations (FFO) of $1.03 per share, slightly missing the Zacks Consensus Estimate of $1.04 per share, but showing an increase from $1 per share a year ago [1] Financial Performance - The company posted revenues of $781.91 million for the quarter ended December 2025, which was below the Zacks Consensus Estimate by 0.94%, compared to $766.78 million in the same quarter last year [2] - Over the last four quarters, Equity Residential has surpassed consensus FFO estimates only once [2] Stock Performance and Outlook - Equity Residential shares have increased by approximately 0.1% since the beginning of the year, while the S&P 500 has gained 0.5% [3] - The future performance of the stock will largely depend on management's commentary during the earnings call and the company's FFO outlook [4][6] Estimate Revisions and Industry Context - The current consensus FFO estimate for the upcoming quarter is $0.99 on revenues of $789.64 million, and for the current fiscal year, it is $4.13 on revenues of $3.21 billion [7] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Residential sector is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges for stock performance [8]