Equity Residential (EQR) earnings on July 22, 2026
More Equity Residential earnings
Prior outlook: Pessimistic Outcome: Missed
Equity Residential reported mixed results: profit beat estimates but revenue fell short. The stock barely moved, closing flat.
EQR price around the earnings
68.28
Change: -0.0%
2026-07-23, 20:00 UTC
Start of the measured window
End of the measured window
67.25
67.89
68.52
69.16
68.29
July 22, 2026
July 22, 2026
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Pessimistic Outcome: Missed
- Thesis published
Weak past earnings and analyst downgrades persist, leading to a deeply negative trajectory into earnings.
Context analyzed before publication
- Trend
- Trajectory slightly improved from -92.6 to -86.8 but remains deeply negative; weak earnings and negative revenue velocity.
Analysts
Evidence
- Analyst consensus
- Buy
- Consensus average (1-5)
- 2.38
- Analysts covering the stock
- 18
- Average price target
- 73.06
- Lowest price target
- 66
- Highest price target
- 80
- Upside to price target
- 7.3%
- Quarterly earnings growth
- -64.9%
- Revenue growth
- 2.5%
- Forward EPS
- 1.57
- Trailing EPS
- 2.5
- Analyst moves in the last 60 days
- 9
- Strong buy: 1
- Buy: 6
- Hold: 14
- Sell: 0
- Strong sell: 0
- Strong buy
- 1
- Buy
- 6
- Hold
- 14
- Sell
- 0
- Strong sell
- 0
- July 21, 2026 · Piper Sandler: Maintains rating (Neutral → Neutral)
- July 14, 2026 · Barclays: Downgrades rating (Overweight → Equal-Weight)
- July 9, 2026 · Scotiabank: Maintains rating (Sector Perform → Sector Perform)
- June 16, 2026 · Truist Securities: Maintains rating (Buy → Buy)
- June 10, 2026 · Mizuho: Maintains rating (Neutral → Neutral)
- June 9, 2026 · RBC Capital: Downgrades rating (Outperform → Sector Perform)
- June 1, 2026 · Evercore ISI Group: Downgrades rating (Outperform → In-Line)
- May 29, 2026 · Piper Sandler: Downgrades rating (Overweight → Neutral)
- May 27, 2026 · Stifel: Maintains rating (Buy → Buy)
News and sentiment
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (3)
- Piper Sandler Maintains Neutral on Equity Residential, Raises Price Target to $75 (opens in a new tab) — Benzinga
- Barclays Downgrades Equity Residential to Equal-Weight, Maintains Price Target to $76 (opens in a new tab) — Benzinga
- Scotiabank Maintains Sector Perform on Equity Residential, Raises Price Target to $70 (opens in a new tab) — Benzinga
Technicals
Evidence
- Average true range (ATR)
- 1.8%
- Distance to 52-week high
- -3.0%
- 14-day change (14d)
- -2.5%
- 30-day change (33d)
- +6.7%
- 30-day relative strength
- +6.5%
- SPY change (33d)
- +0.2%
- Nearest support
- 68
- Nearest resistance
- 68.52
- Volume accumulation ratio (14d / 46d)
- 0.79
Trends
Evidence
- Average earnings surprise
- -11.1%
- April 28, 2026: actual EPS 0.23 vs estimate 0.29 (surprise -20.1%)
- February 5, 2026: actual EPS 0.28 vs estimate 0.38 (surprise -25.5%)
- October 28, 2025: actual EPS 0.37 vs estimate 0.42 (surprise -11.4%)
- August 4, 2025: actual EPS 0.34 vs estimate 0.3 (surprise +12.6%)
Expected move
- Implied move
- +1.4%
- Source
- Options chain
Reactions over its last 20 earnings
- Median move
- 1.9%
- 75th percentile move
- 3.6%
- 90th percentile move
- 4.1%
- Up / down moves
- 11 / 9
- Average up move
- +1.8%
- Average down move
- -2.8%
Monitoring and close
What Equity Residential reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -0.0%
- Max favorable move (MFE)
- 0.5%
- Max adverse move (MAE)
- 1.5%