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EQR

Equity Residential Properties Trust

$79.75

Earnings Summary

Revenue
$687.03Mn
Net Profits
$223.33Mn
Net Profit Margins
32.51%
PE Ratio
24.92

Highlights

Revenue:

Equity Residential Properties Trust’s revenue jumped 14.88% since last year same period to $687.03Mn in the Q2 2022. On a quarterly growth basis, Equity Residential Properties Trust has generated 5.16% jump in its revenue since last 3-months.

Net Profits:

Equity Residential Properties Trust’s net profit fell -29.41% since last year same period to $223.33Mn in the Q2 2022. On a quarterly growth basis, Equity Residential Properties Trust has generated 215.59% jump in its net profits since last 3-months.

Net Profit Margins:

Equity Residential Properties Trust’s net profit margin fell -38.55% since last year same period to 32.51% in the Q2 2022. On a quarterly growth basis, Equity Residential Properties Trust has generated 200.12% jump in its net profit margins since last 3-months.

PE Ratio:

Equity Residential Properties Trust’s price-to-earnings ratio after this Q2 2022 earnings stands at 24.92.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Equity Residential Properties Trust post its latest quarter earnings

EPS Estimate Current Quarter
0.33
EPS Estimate Current Year
0.33

Highlights

EPS Estimate Current Quarter:

Equity Residential Properties Trust’s earning per share (EPS) estimates for the current quarter stand at 0.33 - a 13.79% jump from last quarter’s estimates.

EPS Estimate Current Year:

Equity Residential Properties Trust’s earning per share (EPS) estimates for the current year stand at 0.33.

Key Ratios

Key ratios of the Equity Residential Properties Trust post its Q2 2022 earnings

Earning Per Share (EPS)
0.59
Return on Assets (ROA)
0.02
Return on Equity (ROE)
0.12
Dividend Per Share (DPS)
2.46

Highlights

Earning Per Share (EPS):

Equity Residential Properties Trust’s earning per share (EPS) fell -29.76% since last year same period to 0.59 in the Q2 2022. This indicates that the Equity Residential Properties Trust has generated -29.76% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Equity Residential Properties Trust’s return on assets (ROA) stands at 0.02.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Equity Residential Properties Trust’s return on equity (ROE) stands at 0.12.

Dividend Per Share (DPS):

Equity Residential Properties Trust declared 2.46 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
0.24
0.19
-20.83%
2022-07-29
0.29
0.59
103.45%

Company Information

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 rental apartment properties located in urban and high-density suburban communities where today’s renters want to live, work and play. Equity Residential owns or has investments in 304 properties consisting of 77,889 apartment units, located in Boston, New York, Washington, D.C., Seattle, San Francisco, Southern California and Denver.

Organisation
Equity Residential Properties Trust
Headquarters
Chicago, Illinois, US
Employees
2.6K
Industry
Finance
CEO
David Neithercut