Equity Residential (EQR) Reports Q4 Earnings: What Key Metrics Have to Say

For the quarter ended December 2024, Equity Residential (EQR) reported revenue of $766.78 million, up 5.4% over the same period last year. EPS came in at $1.00, compared to $0.82 in the year-ago quarter.The reported revenue represents a surprise of +1.24% over the Zacks Consensus Estimate of $757.41 million. With the consensus EPS estimate being $1.00, the company has not delivered EPS surprise.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.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.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: 96.1% compared to the 96% average estimate based on four analysts. Apartment Units - Total: 75,876 compared to the 85,352 average estimate based on three analysts. Change in Same Store Revenue Growth: 2.5% versus the two-analyst average estimate of 2.7%. Revenues- Rental income- Same store: $713.79 million versus the two-analyst average estimate of $726.49 million. The reported number represents a year-over-year change of +0.3%. Net Earnings Per Share (Diluted): $1.10 compared to the $0.47 average estimate based on nine analysts. View all Key Company Metrics for Equity Residential here>>>Shares of Equity Residential have returned -0.4% over the past month versus the Zacks S&P 500 composite's +2.7% 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.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equity Residential (EQR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks