Q3: 2025-10-28 Earnings Summary
EPS of $0.37 misses by $0.05
| Revenue of $782.41M (4.55% Y/Y) beats by $2.71M
Equity Residential (EQR) Q3 2025 Earnings Call October 29, 2025 11:00 AM EDT
Company Participants
Marty McKenna – First Vice President of Investor & Public Relations
Mark Parrell – President, CEO & Trustee
Michael Manelis – Executive VP & COO
Bret McLeod – Executive VP & CFO
Robert Garechana – Executive VP & Chief Investment Officer
Conference Call Participants
Nicholas Joseph – Citigroup Inc., Research Division
Steve Sakwa – Evercore ISI Institutional Equities, Research Division
Alexander Goldfarb – Piper Sandler & Co., Research Division
Jana Galan – BofA Securities, Research Division
Brad Heffern – RBC Capital Markets, Research Division
Adam Kramer – Morgan Stanley, Research Division
John Pawlowski – Green Street Advisors, LLC, Research Division
Ami Probandt – UBS Investment Bank, Research Division
Haendel St. Juste – Mizuho Securities USA LLC, Research Division
Richard Hightower – Barclays Bank PLC, Research Division
James Feldman – Wells Fargo Securities, LLC, Research Division
John Kim – BMO Capital Markets Equity Research
Alex Kim – Zelman & Associates LLC
Omotayo Okusanya – Deutsche Bank AG, Research Division
Presentation
Operator
Good day, and welcome to the Equity Residential Third Quarter 2025 Earnings Conference Call and Webcast. Today’s conference is being recorded. At this time, I would like to turn the conference over to Mr. Marty McKenna. Please go ahead, sir.
Marty McKenna
First Vice President of Investor & Public Relations
Good morning, and thanks for joining us to discuss Equity Residential’s third quarter 2025 results. Our featured speakers today are Mark Parrell, our President and CEO; Michael Manelis, our Chief Operating Officer; and Bret McLeod, our CFO. Bob Garechana, our Chief Investment Officer, is here with us as well for the Q&A. Our earnings release is posted in the Investors section of equityapartments.com. Please be advised that certain matters discussed during this conference call may constitute forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are subject to certain economic risks and uncertainties. The company assumes no obligation to update
