Equity Residential (EQR) Earnings Date, Estimates & Call Transcripts

$64.90
+0.29 (+0.45%)
(As of 04/25/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Jul. 25Estimated
Actual EPS
(Apr. 23)
$0.93 Beat By $0.02
Consensus EPS
(Apr. 23)
$0.91
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EQR Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

EQR Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Equity Residential Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20243$0.79$0.96$0.880.880 - 0.920
Q2 20243$0.81$0.99$0.910.920 - 0.960
Q3 20243$0.85$1.01$0.94 
Q4 20243$0.88$1.05$0.97 
FY 202412$3.33$4.01$3.71 
Q1 20251$0.95$0.95$0.95 
Q2 20251$0.97$0.97$0.97 
Q3 20251$0.98$0.98$0.98 
Q4 20251$0.99$0.99$0.99 
FY 20254$3.89$3.89 $3.89

EQR Earnings Date and Information

Equity Residential last issued its quarterly earnings results on April 23rd, 2024. The real estate investment trust reported $0.93 earnings per share for the quarter, beating analysts' consensus estimates of $0.91 by $0.02. The company had revenue of $730.80 million for the quarter, compared to the consensus estimate of $728.09 million. Its quarterly revenue was up 3.6% compared to the same quarter last year. Equity Residential has generated $2.41 earnings per share over the last year ($2.41 diluted earnings per share) and currently has a price-to-earnings ratio of 26.9. Earnings for Equity Residential are expected to grow by 3.37% in the coming year, from $3.86 to $3.99 per share. Equity Residential has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off prior year's report dates.

Equity Residential Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
7/25/2024
Estimated)
------- 
4/23/2024Q1 2024$0.91$0.93+$0.02$0.77$728.09 million$730.80 million    
1/30/2024Q4 2023$1.00$0.82($0.18)$0.82$725.07 million$727.50 million    
4/26/2022Q1 2022$0.80$0.19($0.61)---    
1/31/2022Q4 2021$0.80$1.40+$0.60-$633.11 million$645.13 million    
10/26/2021Q3 2021$0.75$1.15+$0.40$1.15$607.14 million$623.21 million    
7/27/2021Q2 2021$0.70$0.84+$0.14$0.84$597.49 million$598.06 million    
4/27/2021Q1 2021$0.68$0.15($0.53)$0.15--  

Equity Residential Earnings - Frequently Asked Questions

When is Equity Residential's earnings date?

Equity Residential has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, July 25th, 2024 based off last year's report dates. Learn more on EQR's earnings history.

Did Equity Residential beat their earnings estimates last quarter?

In the previous quarter, Equity Residential (NYSE:EQR) reported $0.93 earnings per share (EPS) to beat the analysts' consensus estimate of $0.91 by $0.02. Learn more on analysts' earnings estimate vs. EQR's actual earnings.

How can I listen to Equity Residential's earnings conference call?

The conference call for Equity Residential's latest earnings report can be listened to online. Listen to Conference Call

How can I read Equity Residential's conference call transcript?

The conference call transcript for Equity Residential's latest earnings report can be read online. Read Transcript

How much revenue does Equity Residential generate each year?

Equity Residential (NYSE:EQR) has a recorded annual revenue of $2.87 billion.

How much profit does Equity Residential generate each year?

Equity Residential (NYSE:EQR) has a recorded net income of $835.44 million. EQR has generated $2.41 earnings per share over the last four quarters.

What is Equity Residential's price-to-earnings ratio?

Equity Residential (NYSE:EQR) has a trailing price-to-earnings ratio of 26.93 and a forward price-to-earnings ratio of 16.81. The price/earnings-to-growth ratio is 3.66.

What is Equity Residential's EPS forecast for next year?

Equity Residential's earnings are expected to grow from $3.86 per share to $3.99 per share in the next year, which is a 3.37% increase.


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This page (NYSE:EQR) was last updated on 4/26/2024 by MarketBeat.com Staff

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