WASHINGTON (dpa-AFX) - Equity Residential (EQR) revealed a profit for its third quarter that rose compared to the same period last year.
The company said its bottom line rose to $304.84 million, or $0.80 per share. This was higher than $297.19 million, or $0.78 per share, in last year's third quarter.
The company said revenue for the quarter rose 3.0% to $624.12 million. This was up from $606.07 million last year.
Equity Residential earnings at a glance:
-Earnings (Q3): $304.84 Mln. vs. $297.19 Mln. last year. -Earnings Growth (Y-o-Y): 2.6% -EPS (Q3): $0.80 vs. $0.78 last year. -EPS Growth (Y-o-Y): 2.6% -Revenue (Q3): $624.12 Mln vs. $606.07 Mln last year. -Revenue Change (Y-o-Y): 3.0%
-Guidance: Full year EPS guidance: $3.10 to $3.14
Copyright RTT News/dpa-AFX
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