Independence Realty Trust Inc reports results for the quarter ended December 31 - Earnings Summary
12/02/2025 22:42
* Independence Realty Trust Inc IRT.N reported quarterly
breakeven results per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of -18 cents. The mean expectation of six analysts
for the quarter was for earnings of 7 cents per share. Wall
Street expected results to range from -1 cents to 9 cents per
share.
* Revenue fell 3.6% to $160.96 million from a year ago;
analysts
expected $163.40 million.
* Independence Realty Trust Inc's reported EPS for the
quarter was
breakeven results.
* The company reported a quarterly loss of $1 million.
* Independence Realty Trust Inc shares had risen by 1.7%
this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the residential
reits
peer group is also "buy"
Wall Street's median 12-month price target for Independence
Realty Trust Inc is $21.50
This summary was machine generated from LSEG data February 12 at
10:42 p.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
Dec. 31 2024 0.32 0.32 Met
Sep. 30 2024 0.30 0.29 Missed
Jun. 30 2024 0.28 0.28 Met
Mar. 31 2024 0.27 0.27 Met