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EQR

Equity Residential Earnings

$73.75

Earnings Summary

Revenue
$748.35Mn
Net Profits
$143.45Mn
Net Profit Margins
19.17%
PE Ratio
31.09
Highlights
Revenue:

Equity Residential’s revenue jumped 3.35% since last year same period to $748.35Mn in the Q3 2024. On a quarterly growth basis, Equity Residential has generated 3.04% jump in its revenue since last 3-months.

Net Profits:

Equity Residential’s net profit fell -16.85% since last year same period to $143.45Mn in the Q3 2024. On a quarterly growth basis, Equity Residential has generated -19.18% fall in its net profits since last 3-months.

Net Profit Margins:

Equity Residential’s net profit margin fell -19.54% since last year same period to 19.17% in the Q3 2024. On a quarterly growth basis, Equity Residential has generated -21.57% fall in its net profit margins since last 3-months.

PE Ratio:

Equity Residential’s price-to-earnings ratio after this Q3 2024 earnings stands at 31.09.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Equity Residential post its latest quarter earnings
EPS Estimate Current Quarter
0.42
EPS Estimate Current Year
0.42
Highlights
EPS Estimate Current Quarter:

Equity Residential’s earning per share (EPS) estimates for the current quarter stand at 0.42 - a 10.53% jump from last quarter’s estimates.

EPS Estimate Current Year:

Equity Residential’s earning per share (EPS) estimates for the current year stand at 0.42.

Key Ratios

Key ratios of the Equity Residential post its Q3 2024 earnings
Earning Per Share (EPS)
0.38
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.08
Dividend Per Share (DPS)
1.35
Highlights
Earning Per Share (EPS):

Equity Residential’s earning per share (EPS) fell -15.56% since last year same period to 0.38 in the Q3 2024. This indicates that the Equity Residential has generated -15.56% 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’s return on assets (ROA) stands at 0.03.

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’s return on equity (ROE) stands at 0.08.

Dividend Per Share (DPS):

Equity Residential declared 1.35 dividend per share during the earnings announcement for Q3 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-02
0.33
0.77
133.33%
2024-08-01
0.38
0.47
23.68%
2024-11-04
0.42
0.38
-9.52%