The company said its diluted EPS for Q1 2025 was $0.67, down 13.0% from $0.77 a year earlier, while FFO per share was $0.94 (up 8.0%) and Normalized FFO per share was $0.95 (up 2.2%).

1. 01

   The company said its diluted EPS for Q1 2025 was $0.67, down 13.0% from $0.77 a year earlier, while FFO per share was $0.94 (up 8.0%) and Normalized FFO per share was $0.95 (up 2.2%).

2. 02

   Equity Residential said same store revenues for Q1 2025 rose 2.2% from a year earlier, expenses rose 4.1% and NOI rose 1.3%, and resident turnover of 7.9% was the lowest in the company's history.

3. 03

   The company sold two properties with 546 apartment units in Q1 2025 for a total of about $225.6 million, at a weighted average Disposition Yield of 5.2%. It said it did not acquire any operating properties in the same quarter.

4. 04

   The company set Normalized FFO per share guidance for Q2 2025 at $0.96 to $1.00. It said it is not revising its annual EPS, FFO per share and Normalized FFO per share outlook from what it provided in its earnings release for Q4.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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