Financial | REIT - Residential | USA
Equity Residential: 4Q Earnings Snapshot
The Chicago-based real estate investment trust said it had funds from operations of $324.1 million, or 84 cents per share, in the period.
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The company said it had net income of $116.4 million, or 31 cents per share.
The real estate investment trust posted revenue of $652.7 million in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $650 million.
For the year, the company reported funds from operations of $1.25 billion, or $3.25 per share. Revenue was reported as $2.58 billion.
For the current quarter ending in April, Equity Residential expects its per-share funds from operations to range from 78 cents to 82 cents.
The company expects full-year funds from operations in the range of $3.34 to $3.44 per share.
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https://finance.yahoo.com/news/equity-re...28339.html
Equity Residential: 4Q Earnings Snapshot
The Chicago-based real estate investment trust said it had funds from operations of $324.1 million, or 84 cents per share, in the period.
...
The company said it had net income of $116.4 million, or 31 cents per share.
The real estate investment trust posted revenue of $652.7 million in the period, beating Street forecasts. Seven analysts surveyed by Zacks expected $650 million.
For the year, the company reported funds from operations of $1.25 billion, or $3.25 per share. Revenue was reported as $2.58 billion.
For the current quarter ending in April, Equity Residential expects its per-share funds from operations to range from 78 cents to 82 cents.
The company expects full-year funds from operations in the range of $3.34 to $3.44 per share.
...
https://finance.yahoo.com/news/equity-re...28339.html