Equity Residential Q2 FY26 EPS drops 40% to $0.30 - EQR News | RalliesEquity Residential Q2 FY26 EPS drops 40% to $0.30
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EQR• Q2 earnings and FFO details
- Equity Residential Q2 diluted EPS fell 40% to $0.30; six-month diluted EPS dropped 54.2% to $0.54.
- Q2 diluted FFO per share rose 2% to $1; diluted normalized FFO per share increased 3% to $1.02.
Same-store performance and guidance
- Same-store revenue climbed 1.9% in Q2; same-store NOI increased 1.4% as expenses rose 3%.
- Full-year same-store revenue growth guidance lifted to 2.1%-2.7%; same-store NOI growth outlook raised to 1.5%-2.1%.
Portfolio activity and merger context
- Merger-of-equals with AvalonBay targets about $53 billion equity value; two properties sold for $164 million during Q2.
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