Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q Commission File Number: 1-12252 (Equity Residential) Commission File Number: 0-24920 (ERP Operating Limited Partnership) EQUITY RESIDENTIAL ERP OPERATING LIMITED PARTNERSHIP (Exact name of registrant as specified in its charter) Maryland (Equity Residential) 13-3675988 (Equity Residential) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Two North Riverside P ...

Equity Residential (EQR 1.90%), a leading owner and operator of apartment communities in major U.S. cities, reported its second quarter earnings on August 4, 2025. The standout headline was earnings per share (EPS, GAAP) of $0.50 in Q2 2025, beating analyst expectations of $0.34 by $0.16 (GAAP) primarily due to property sale gains. Revenue (GAAP) reached $768.8 million, up 4.7% from the prior year but just under consensus GAAP revenue estimates. Funds from operations (FFO) per share, a key industry metric, ...

Key Takeaways EQR's Q2 normalized FFO per share rose 2.1% Y/Y to $0.99 per share, matching the Zacks Consensus Estimate.Same-store revenues grew 2.7% Y/Y, with occupancy improving to 96.6% in the second quarter.Full-year 2025 FFO guidance raised to $3.97-$4.03 from $3.90-$4.00, reflecting solid rental demand.Equity Residential (EQR) reported second-quarter 2025 normalized funds from operations (FFO) per share of 99 cents, which met the Zacks Consensus Estimate. The figure improved 2.1% from the year-ago qua ...

Equity Residential (EQR) Q2 2025 Earnings Call August 05, 2025 11:00 AM ET Company ParticipantsMarty McKenna - VP - Investor & Public RelationsMark Parrell - President, CEO & TrusteeMichael Manelis - EVP & COORobert Garechana - EVP & CFOEric Wolfe - DirectorAlexander Brackenridge - EVP & CIOJohn Kim - MD - U.S. Real EstateAdam Kramer - VP - Equity ResearchAlexander Kim - Equity Research Senior AssociateJamie Feldman - MD & Head - REIT ResearchRich Hightower - MD - U.S. REIT ResearchJulien Blouin - VP - Real ...

Equity Residential (EQR) Q2 2025 Earnings Call August 05, 2025 11:00 AM ET Speaker0Day, and welcome to the Equity Residential 2Q twenty twenty five Earnings Conference Call and Webcast. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Marty McKenna. Please go ahead.Speaker1Good morning, and thanks for joining us to discuss Equity Residential's Second Quarter twenty twenty five Results. Our featured speakers today are Mark Perel, our President and CEO Michael Ma ...

公司表现 - Equity Residential (NYSE: EQR) 股价在过去一年表现不佳 下跌11% [1] - 市场对租金通胀轨迹的担忧加剧 导致股价承压 [1] 市场背景 - 股市已收复解放日( Liberation Day )的跌幅 [1] - 分析师基于宏观观点和个股反转故事 进行逆向投资 以获取超额回报 [1]

公司业绩表现 - 季度FFO为每股0.99美元 与Zacks一致预期持平 去年同期为每股0.97美元 [1] - 上季度实际FFO为每股0.95美元 超出预期2.15% [1] - 过去四个季度中 仅有一次超过FFO预期 [1] - 季度营收7.6883亿美元 略低于预期0.06% 去年同期为7.3416亿美元 [2] - 过去四个季度中 有两次超过营收预期 [2] 市场表现与展望 - 年初至今股价下跌12.6% 同期标普500指数上涨6.1% [3] - 当前Zacks评级为2级(买入) 预计近期将跑赢市场 [6] - 下季度FFO预期为每股1.00美元 营收预期7.7783亿美元 [7] - 本财年FFO预期为每股3.97美元 营收预期30.9亿美元 [7] 行业情况 - 所属REIT及住宅股权信托行业在Zacks行业排名中位列前39% [8] - 行业排名前50%的板块表现是后50%的两倍以上 [8] - 同业公司Elme预计季度EPS为0.23美元 与去年同期持平 [9] - Elme预计营收6154万美元 同比增长2.4% [9]

Second Quarter 2025 Results Table of Contents | Earnings Release | 1 - 5 | | --- | --- | | Consolidated Statements of Operations | 6 | | Consolidated Statements of Funds From Operations and Normalized | | | Funds From Operations | 7 | | Consolidated Balance Sheets | 8 | | Portfolio Summary | 9 | | Portfolio Rollforward | 10 | | Same Store Results | 11 - 18 | | Debt Summary | 19 - 21 | | Capital Structure | 22 | | Common Share and Unit Weighted Average Amounts Outstanding | 23 | | Partially Owned Properties ...

Office workers walking across London Bridge on their way home from work during rush hour.gettyI have to laugh when I hear the phrase “return to the office.”I mean, COVID started more than five years ago. With the turnover in Corporate America since then, we can hardly call what’s happening now a “return.”Most of those “returning” aren’t even the same people!Nonetheless, the, shall we say, revenge, of the office is real. My wife and I saw it firsthand when we went to an open house here in Sacramento a few mo ...

季度业绩预测 - 华尔街分析师预测Equity Residential(EQR)即将公布的季度每股收益为0.99美元 同比增长2.1% [1] - 预计季度营收将达到7.6926亿美元 同比增长4.8% [1] - 过去30天内 分析师对每股收益的共识预期下调了0.2% [2] 关键运营指标预测 - 分析师预计"同店租金收入"将达到7.2627亿美元 同比增长1.1% [5] - "物理入住率"预计为96.4% 与去年同期持平 [5] - "公寓总单元数"预计为85,027套 相比去年同期的79,738套有所增加 [5] - "折旧费用"预计为2.512亿美元 [6] 股价表现与评级 - 过去一个月公司股价上涨0.8% 同期标普500指数上涨3.4% [6] - 公司目前获得Zacks评级为2级(买入) 预计将跑赢整体市场 [6] 分析师预测方法论 - 盈利预测修正对预测短期股价走势具有重要参考价值 [3] - 除关注整体盈利和营收预测外 分析关键运营指标预测能提供更有价值的洞察 [4]