Equity Residential (NYSE:EQR) reported results for the quarter and nine months ended September 30, 2011.For the third quarter of 2011, the company reported Normalized FFO of $0.62 per share compared to $0.57 per share in the same period of 2010. The difference is due primarily to:the positive impact of $0.08 per share from higher same store net operating income (NOI) and $0.02 per share from higher lease-up NOI;the negative impact of $0.08 per share from 2010 and 2011 transaction activity and timing; and the positive impact of approximately $0.03 per share from lower interest expense and other items.

Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and management of multifamily properties in the United States.

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