Equity Residential Reports Results for the Quarter Ended in June – Earnings Summary
* Equity Residential reported quarterly adjusted earnings of 31 cents per share. The mean expectation of 9 analysts for the quarter that ended in June was for earnings of 31 cents per share. * Revenue rose 4.5 percent to $639.62 million from a year ago; analysts expected $637.14 million. * Equity Residential’s Reported EPS for the quarter was 31 cents. * The mean earnings estimate of analysts had fallen by about 0.2 percent in the last three months. * In the last 30 days there have been no earnings estimate revisions by analysts covering the company. * Equity Residential shares had fallen by 0.7 percent this quarter and lost 0.8 percent so far this year. * The Chicago, Illinois-based company reported quarterly net income of $112.83 million. * Equity Residential is a member of the S&P 500. This summary was machine generated July 24 at 10:35 p.m. GMT.
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