WASHINGTON (dpa-AFX) - Equity Residential (EQR) Tuesday reported fourth-quarter net income of $310.9 million or $0.82 per share, compared to $158.2 million or $0.42 per share.
Rental income for the quarter was $727.5 million, up from $699.7 million last year.
Funds from Operations (FFO) for the quarter was $391.2 million or $1.00 per share, up from $377.2 million or $0.97 per share last year. Normalized FFO (NFFO) per share for the quarter was $1.00, up from $0.94 per share last year.
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