Independence Realty Trust Inc expected to post earnings of 4 cents a share - Earnings Preview

Independence Realty Trust

28/04/2025 22:36

Independence Realty Trust Inc IRT.N, IRT is expected to show a rise in quarterly revenue when it reports  results on April 30 for the period ending March 31 2025

The Philadelphia Pennsylvania-based  company is expected to report a 2.1% increase in revenue to $163.883 million from $160.53 million a year ago, according to the mean estimate from 9 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Independence Realty Trust Inc is for earnings of 4 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

The mean earnings estimate of analysts had risen by about 0.3% in the last three months. ​

Wall Street's median 12-month price target for Independence Realty Trust Inc is $22.00​, above​ its last closing price of $19.56. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.33
0.32
0.32
Met
0
Sep. 30 2024
0.30
0.30
0.29
Missed
-2
Jun. 30 2024
0.28
0.28
0.28
Met
0.6​
Mar. 31 2024
0.27
0.27
0.27
Met
-0.9
​​Dec. 31 2023
0.30
0.30
0.30
Met
1
Sep. 30 2023
0.29
0.29
0.30
Beat
2.1​
Jun. 30 2023
0.27
0.27
0.28
Beat
1.9
Mar. 31 2023
0.28
0.28
0.27
Missed
-4.2

This summary was machine generated April 28 at 21:36 GMT.  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)