04:50 PM EDT, 04/29/2025 (MT Newswires) -- Equity Residential ( EQR ) late Tuesday reported Q1 normalized funds from operations of $0.95 per diluted share, up from $0.93 a year ago.

Analysts polled by FactSet expected $0.93.

Revenue for the quarter ended March 31 was $760.8 million, up from $730.8 million a year ago.

The analyst expected $767.9 million.

For Q2, the real estate investment trust is projecting normalized FFO of $0.96 to $1.00. Analysts surveyed by FactSet are looking for $0.98.

For 2025, Equity Residential ( EQR ) reiterated its prior guidance of normalized FFO of $3.90 to $4.00. Analysts are expecting $3.96.