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For the quarter ended June 2026, Equity Residential (EQR) reported revenue of $785.05 million, up 2.1% over the same period last year. EPS came in at $1.02, compared to $0.50 in the year-ago quarter.
The reported revenue represents a surprise of -0.08% over the Zacks Consensus Estimate of $785.68 million. With the consensus EPS estimate being $1.01, the EPS surprise was +0.99%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Equity Residential performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Physical Occupancy Rate: 96.2% versus the four-analyst average estimate of 96.4%.
- Apartment Units - Total: 85,520 versus 84,758 estimated by three analysts on average.
- Change in Same Store Revenue Growth: 1.9% versus 2.2% estimated by two analysts on average.
- Revenues- Rental income- Same store: $749.42 million compared to the $750.59 million average estimate based on three analysts. The reported number represents a change of +3.1% year over year.
- Net Earnings Per Share (Diluted): $0.30 versus $0.47 estimated by five analysts on average.
View all Key Company Metrics for Equity Residential here>>>
Shares of Equity Residential have returned +3.9% over the past month versus the Zacks S&P 500 composite's +0.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.This article originally published on Zacks Investment Research (zacks.com).
