04:32 PM EST, 02/03/2025 (MT Newswires) -- Equity Residential ( EQR ) reported Q4 normalized funds from operations late Monday of $1.00 a share, unchanged from a year earlier.
Analysts surveyed by FactSet expected $1.
Revenue for the quarter ended Dec. 31 was $766.8 million, up from $727.5 million a year earlier. Analysts surveyed by FactSet expected $756.7 million.
The company expects Q1 normalized funds from operations of $0.90 to $0.94 a share. Analysts expect $0.96.
In 2025, the company expects normalized funds from operations of $3.90 to $4.00 per share up from the previous guidance of $3.87 to $3.91 a share. Analysts are looking for $4.03.