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04.08.25 - 23:12
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Equity Residential Reports Decline In Q2 Profit (AFX)
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WASHINGTON (dpa-AFX) - Equity Residential (EQR) reported earnings for second quarter that Drops, from last yearThe company's bottom line totaled $448.23 million, or $1.18 per share. This compares ......
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04.08.25 - 22:18
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Equity Residential Reports Second Quarter 2025 Results (Business Wire)
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Guidance Updated to Reflect Solid Operating FundamentalsCHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today reported results for the quarter and six months ended June 30, 2025.
Second Quarter 2025 Results
All per share results are reported as available to common shares/units on a diluted basis.
Quarter Ended June 30,
2025
2024
$ Change
% Change
Earnings Per Share (EPS)
$
0.50
$
0.47
$
0.03
6.4
%
Funds from Operations (FFO) per share
$
0.98
$
0.94
$
0.04
4.3
%
Normalized FFO (NFFO) per share
$
0.99
$
0.97
$
0.02
2.1
%
Six Months Ended June 30,
2025
2024
$ Change
% Change
Earnings Per Share (EPS)
$
1.18
$
1.24
$
(0.06
)
(4.8
%)
Funds from Operations (F...
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24.07.25 - 22:21
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Equity Residential Appoints Chris Carr to Board of Trustees (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced the appointment of Chris Carr to the Company's Board of Trustees to serve until the next annual meeting of shareholders. Mr. Carr qualifies as an independent trustee under the New York Stock Exchange's listing standards. He will serve on the Company's Audit and Corporate Governance Committees. With this appointment, the Company's Board will increase to 11 members, nine of whom are independent.
Mr. Carr, 61, is the former Chief Operating Officer of Sweetgreen, Inc. (NYSE: SG), a restaurant and lifestyle brand. Prior to Sweetgreen, he held a variety of retail and supply chain senior executive roles at Starbucks (NASDAQ: SBUX), most recently as the Executive Vice President, Chief Procurement Officer. Prior to Starbucks, Mr. Carr spent 18 years with ExxonMobil, developing, leading and implementing retail operational strategies for its Global Fuels Marketing downstream businesses. He currently serves as a director for Hilton Worldwide...
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11.07.25 - 14:36
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Equity Residential Announces Second Quarter 2025 Earnings Release Date (Business Wire)
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CHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company will release its second quarter 2025 operating results on Monday, August 4, 2025 after the close of market and host a conference call to discuss those results on Tuesday, August 5, 2025 at 10:00 am Central. The conference call will be available via web cast on the Investor section of www.equityapartments.com.
About Equity Residential
Equity Residential is committed to creating communities where people thrive. The Company, a member of the S&P 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract affluent long-term renters. Equity Residential owns or has investments in 319 properties consisting of 86,422 apartment units, with an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. For more information on Equ...
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30.06.25 - 14:36
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Equity Residential Announces Executive Management Team Leadership Transition Plans (Business Wire)
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Bob Garechana to become Chief Investment Officer; Bret McLeod joins as Chief Financial Officer; Alec Brackenridge to Retire as Chief Investment OfficerCHICAGO--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced changes to its executive management team.
Chief Investment Officer
Robert A. (“Bob”) Garechana, 46, currently the Company's Executive Vice President and Chief Financial Officer (“CFO”), will assume the role of Executive Vice President and Chief Investment Officer (“CIO”). Alexander (“Alec”) Brackenridge, 61, currently Executive Vice President and CIO, will transition to Executive Vice President – Investments and retire at the end of 2025. Mr. Garechana joined Equity Residential in 2004 and has served as the Company's CFO and a member of the Company's executive and investment committees since September 2018. Mr. Brackenridge joined the Company in 1993 and has served as CIO since September 2020.
Chief Financial Officer
Bret D. McLeod, 42, will join the Company in Jul...
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