Q2 FY2026 EarningsQ2 FY26 results slightly missed consensus on the top line ($785.0M vs. $787.7M expected) and significantly missed on Diluted EPS ($0.30 vs. $0.35 expected). The bottom-line miss was primarily driven by a $16.7M net loss on property sales compared to a $58.3M gain in the prior year, alongside $56M in litigation settlement costs. Despite the GAAP miss, same-store NOI grew 1.4% YoY, and the gross margin of 66.24% beat the 65.05% consensus, reflecting resilient operational efficiency amidst the pending AvalonBay merger.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: Equity Residential(EQR) the Revenue is 785.05 M (+2.11%);the EBIT is 218.87 M (-3.16%);the EPS is 0.303 (-39.87%).
Actual
YoY
Estimate
YoY
Vs estimate
YoY
Revenue
0.79B2.11%
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EBIT
0.22B3.16%
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EPS
0.302939.87%
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Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf