Invitation Homes Inc expected to post earnings of 17 cents a share - Earnings Preview

Invitation Homes

29/10/2024 02:53

* Invitation Homes Inc  INVH.N   INVH.K  is expected to show
a
rise in quarterly revenue when it reports  results on October 30
for the period ending September 30 2024
    * The Dallas Texas-based  company is expected to report a
5.7% increase in revenue to $652.733 million from $617.7 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data. (Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Invitation Homes Inc is
for
earnings of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Invitation
Homes
Inc is 39.00​, above​ its last closing price of $33.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.47        0.47       0.47      Met     0.2
 Mar. 31 2024  0.46        0.46       0.47      Beat    1.8
 Dec. 31 2023  0.45        0.45       0.45      Met     -0.2​
 Sep. 30 2023  0.45        0.45       0.44      Missed  -1.3
 ​​Jan.        0.45        0.45       0.44      Missed  -1.4
 1 0001                                                 
 Mar. 31 2023  0.44        0.44       0.44      Met     0.5​
 Dec. 31 2022  0.42        0.42       0.43      Beat    3.3
 Sep. 30 2022  0.43        0.43       0.42      Missed  -2
 This summary was machine generated October 29 at 02:53 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)