tradingkey.logo

Equity Residential <EQR.N> expected to post earnings of 42 cents a share - Earnings Preview

ReutersJan 31, 2025 10:08 PM
  • Equity Residential EQR.N, EQR is expected to show a rise in quarterly revenue when it reports results on February 3 for the period ending December 31 2024

  • The Chicago Illinois-based company is expected to report a 3.9% increase in revenue to $755.942 million from $727.5 million a year ago, according to the mean estimate from 15 analysts, based on LSEG data. (SAL represents Total Revenue)

  • ​LSEG's mean analyst estimate for Equity Residential is for earnings of 42 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 15 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Equity Residential is $77.00​, above​ its last closing price of $70.63. ​​​

The company's guidance on October 30 2024 for the period ended December 31 was for Funds Flow from Operations between USD0.98 and USD1.02.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.98

0.98

0.98

Met

-0.2

Jun. 30 2024

0.96

0.96

0.97

Beat

1.3

Mar. 31 2024

0.91

0.91

0.93

Beat

2.3​

Dec. 31 2023

0.99

1.00

1.00

Met

0

​​Sep. 30 2023

0.97

0.97

0.96

Missed

-1.3

Jun. 30 2023

0.94

0.94

0.94

Met

-0.3​

Mar. 31 2023

0.87

0.88

0.87

Missed

-0.9

Dec. 31 2022

0.96

0.95

0.94

Missed

-0.9

This summary was machine generated January 31 at 22:08 GMT. 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)

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI