With a market cap of $23.7 billion, Equity Residential (EQR) is a leading publicly traded multi-family REIT focused on high-quality residential properties in major U.S. cities. Its portfolio includes 311 properties with 84,249 units, a strong presence in established markets, and expansion into Denver, Atlanta, and Dallas/Ft. Worth, and Austin. EQR is expected to release its fiscal Q1 2025 earnings results on Tuesday, Apr. 22.
Ahead of this event, analysts project the Chicago, Illinois-based company to report a normalized FFO of $0.93 per share, which is in line with the results from the same quarter last year. It has met or surpassed Wall Street's bottom-line estimates in the last four quarterly reports. In Q4 2024, Equity Residential met the consensus NFFO estimate.
