Equity Residential 's ( EQR - Free Report ) second-quarter FFO per share of 78 cents outpaced the Zacks Consensus Estimate of 70 cents. Results highlighted robust physical occupancy and improvement in other same-store operating metrics, driving quarterly sequential same-store revenues and NOI positive for the first time since the onset of the global health crisis. Based on these improvements, the residential REIT also raised its full-year guidance for same-store revenues, NOI and FFO per share. We now look forward to the earnings releases of other REITs — Vornado Realty Trust ( VNO - Free Report ) and Realty Income Corporation ( O - Free Report ) — both of which are slated to release quarterly numbers on Aug 2. Note: Anything related to earnings presented in this write-up represent funds from operations (FFO) — a widely used metric to gauge the performance of REITs.