Wednesday, Equity Residential (EQR) reported fourth-quarter funds from operations or FFO available to common shares and units of $126.95 million or $0.43 per share, compared to $79.10 million or $0.27 per share in the same quarter last year.
Excluding the items, the company reported FFO of $0.52 per share, down from $0.61 per share in the comparable quarter last year.
Net income available to common shares were $41.67 million or $0.15 per share, compared to a loss available to common shares of $40.25 million or $0.15 per share in the prior year quarter.
On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.44 per share for the quarter. Analysts' estimates typically exclude special items.
Total revenue for the quarter declined to $482.98 million from $501.12 million in the year ago quarter. Analysts expected the company to report revenue of $480.38 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.