Investing.com - Equity Residential (NYSE:EQR) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Equity Residential announced earnings per share of $0.86 on revenue of $695.10. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $696.52M.
Equity Residential shares are up 22.07% from the beginning of the year, still down 29.80% from its 52 week high of $94.32 set on April 21.
Equity Residential shares gained 1.19% in after-hours trade following the report.
Equity Residential follows other major Real Estate sector earnings this month
Equity Residential's report follows an earnings beat by Prologis on October 19, who reported EPS of $1.36 on revenue of $1.75B, compared to forecasts EPS of $1.34 on revenue of $1.2B.
Crown Castle had missed expectations on October 19 with third quarter EPS of $0.97 on revenue of $1.57B, compared to forecast for EPS of $0.9763 on revenue of $1.73B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar