Equity Residential (EQR) Q2 FFO Rises 2%
Equity Residential (NYSE:EQR), a major owner and operator of high-quality apartment properties in urban and high-demand markets across the United States, released its results for Q2 2025 on August 4, 2025. The most notable updates included a substantial outperformance on bottom-line metrics and improved full-year guidance. Normalized FFO per share (non-GAAP) was $0.99 for Q2 2025, while the revenue figure increased 4.7% compared to Q2 2024 but landed just below analyst expectations, as revenue (GAAP) was $768.83 million compared to the analyst estimate of $769.92 million. The quarter showed continued strength in high-barrier coastal markets, steady occupancy, and efficiencies in operating expenses, resulting in a positive overall assessment for the period.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Equity Residential operates a portfolio of more than 86,000 apartment units across major metropolitan areas. Its core business is acquiring, developing, and managing apartment communities in markets with high barriers to entry like New York, Boston, San Francisco, and Washington, D.C. These areas often feature limited housing supply and strong employment drivers, resulting in stable rental demand.
Source Fool.com
