Equity Residential reports results for the quarter ended June 30 - Earnings Summary

Vivmark Residential

22/07/2026 23:05

Equity Residential EQR.N reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 50 cents.  The mean expectation of eight analysts for the quarter was for earnings of 44 cents per share. Wall Street expected results to range from 31 cents to $1.00 per share.
Revenue rose 2.1% to $785.05 million from a year ago; analysts expected $788.45 million. 
Equity Residential's reported EPS for the quarter was 30 cents​.
The company reported quarterly net income of $113.78 million.
Equity Residential shares had risen by 0.5% this quarter and gained 8.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell." The average consensus recommendation for the residential reits peer group is also "buy" 
Wall Street's median 12-month price target for Equity Residential is $71.50, about 4.5% above its last closing price of $68.29
This summary was machine generated from LSEG data July 22 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.01
1.02
Beat
Mar. 31 2026 
0.98
0.99
Beat
Dec. 31 2025 
1.03
1.03
Met
Sep. 30 2025 
1.01
1.02
Beat