Invitation Homes Inc INVH.N reported quarterly adjusted earnings of 27 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 23 cents. The mean expectation of eleven analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 14 cents to 24 cents per share.
Revenue rose 4.4% to $674.48 million from a year ago; analysts expected $660.41 million.
Invitation Homes Inc's reported EPS for the quarter was 27 cents.
The company reported quarterly net income of $165.52 million.
Invitation Homes Inc shares had fallen by 3.4% this quarter and gained 5.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 14 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the residential reits peer group is also "hold"
Wall Street's median 12-month price target for Invitation Homes Inc is $36.00
This summary was machine generated from LSEG data May 1 at 02:30 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2025 | 0.47 | 0.48 | Beat |
Dec. 31 2024 | 0.47 | 0.47 | Met |
Sep. 30 2024 | 0.46 | 0.47 | Beat |
Jun. 30 2024 | 0.47 | 0.47 | Met |
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