The company reported diluted earnings per share (EPS) of $0.50 for Q2 2025, funds from operations (FFO) per share of $0.98, and Normalized FFO per share of $0.99, compared with $0.47, $0.94 and $0.97, respectively, for Q2 2024.

1. 01

   The company reported diluted earnings per share (EPS) of $0.50 for Q2 2025, funds from operations (FFO) per share of $0.98, and Normalized FFO per share of $0.99, compared with $0.47, $0.94 and $0.97, respectively, for Q2 2024.

2. 02

   Equity Residential said same store revenue rose 2.7%, same store expenses rose 3.7%, and same store Net Operating Income (NOI) rose 2.3% for Q2 2025 compared with Q2 2024.

3. 03

   The company said it acquired a portfolio of 8 properties with 2,064 apartment units in suburban Atlanta for an aggregate purchase price of about $533.8 million in Q2 2025, and sold one property in Seattle with 1 apartment units for $121.0 million.

4. 04

   The company set its revised full-year 2025 Normalized FFO per share guidance at $3.97 to $4.03, compared with its previous range of $3.90 to $4.00. The Change at Midpoint in the same table was $0.05.

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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