Equity Residential Q2 FY26 EPS drops 40% to $0.30

Reuters2026/07/22 20:40

By:Reuters

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Equity Residential Q2 diluted EPS fell 40% to $0.30; six-month diluted EPS dropped 54.2% to $0.54.
Q2 diluted FFO per share rose 2% to $1; diluted normalized FFO per share increased 3% to $1.02.
Same-store revenue climbed 1.9% in Q2; same-store NOI increased 1.4% as expenses rose 3%.
Full-year same-store revenue growth guidance lifted to 2.1%-2.7%; same-store NOI growth outlook raised to 1.5%-2.1%.
Merger-of-equals with AvalonBay targets about $53 billion equity value; two properties sold for $164 million during Q2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equity Residential published the original content used to generate this news brief via Business Wire (Ref. ID: 202607221615BIZWIRE_USPR_____20260722_BW364460) on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Equity Residential Q2 FY26 EPS drops 40% to $0.30

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