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Here's What Key Metrics Tell Us About Equity Residential (EQR) Q1 Earnings
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Equity Residential (EQR - Free Report) reported $760.81 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.1%. EPS of $0.95 for the same period compares to $0.77 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $766.84 million, representing a surprise of -0.79%. The company delivered an EPS surprise of +2.15%, with the consensus EPS estimate being $0.93.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Equity Residential performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Physical Occupancy Rate: 96.5% versus 96.1% estimated by four analysts on average.
Apartment Units - Total: 84,648 versus the three-analyst average estimate of 83,881.
Change in Same Store Revenue Growth: 2.2% versus 2.4% estimated by two analysts on average.
Revenues- Rental income- Same store: $715.80 million versus $722.99 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.1% change.
Net Earnings Per Share (Diluted): $0.67 compared to the $0.32 average estimate based on eight analysts.
Shares of Equity Residential have returned -3.2% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About Equity Residential (EQR) Q1 Earnings
Equity Residential (EQR - Free Report) reported $760.81 million in revenue for the quarter ended March 2025, representing a year-over-year increase of 4.1%. EPS of $0.95 for the same period compares to $0.77 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $766.84 million, representing a surprise of -0.79%. The company delivered an EPS surprise of +2.15%, with the consensus EPS estimate being $0.93.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Equity Residential performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Physical Occupancy Rate: 96.5% versus 96.1% estimated by four analysts on average.
- Apartment Units - Total: 84,648 versus the three-analyst average estimate of 83,881.
- Change in Same Store Revenue Growth: 2.2% versus 2.4% estimated by two analysts on average.
- Revenues- Rental income- Same store: $715.80 million versus $722.99 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.1% change.
- Net Earnings Per Share (Diluted): $0.67 compared to the $0.32 average estimate based on eight analysts.
View all Key Company Metrics for Equity Residential here>>>Shares of Equity Residential have returned -3.2% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.