Equity Residential Q1 FFO Beats Estimates, Rental Income Rises Y/Y

Equity Residential (EQR) reported first-quarter 2025 normalized funds from operations (FFO) per share of 95 cents, which outpaced the Zacks Consensus Estimate of 93 cents. The figure also improved 2.2% from the year-ago quarter.Results reflect a rise in same-store revenues and physical occupancy on a year-over-year basis. The company reaffirmed its guidance for 2025.Rental income of $760.8 million missed the consensus mark of$766.8 million. Rental income was up 4.1% year over year.According to Mark J. Parr ...