logo
Plus   Neg
Share
Email

Equity Residential Q3 adjusted earnings of $2.41 per share

Equity Residential (EQR) released earnings for its third quarter that increased from the same period last year.

The company's bottom line totaled $0.54 billion, or $1.46 per share. This compares with $0.47 billion, or $1.29 per share, in last year's third quarter.

Excluding items, Equity Residential reported adjusted earnings of $924.62 million or $2.41 per share for the period.

The company's revenue for the quarter rose 4.3% to $1.92 billion from $1.84 billion last year.

Equity Residential earnings at a glance:

-Earnings (Q3): $924.62 Mln. vs. $882.45 Mln. last year.
-EPS (Q3): $2.41 vs. $2.31 last year.
-Revenue (Q3): $1.92 Bln vs. $1.84 Bln last year.

-Guidance:
Full year EPS guidance: $3.25 - $3.27

For comments and feedback contact: editorial@rttnews.com

Follow RTT