Invitation Homes Inc expected to post earnings of 18 cents a share - Earnings Preview

Invitation Homes

26/04/2024 23:10

* Invitation Homes Inc  INVH.N   INVH.K  is expected to show
a
rise in quarterly revenue when it reports  results on April 30
for the period ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
7.1% increase in revenue to $631.571 million from $589.89
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Invitation Homes Inc is
for
earnings of 18 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 10
"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 $38.00​, above​ its last closing price of $34.72. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.45        0.45       0.45      Met     -0.2
 Sep. 30 2023  0.45        0.45       0.44      Missed  -1.3
 Jun. 30 2023  0.45        0.45       0.44      Missed  -1.4​
 Mar. 31 2023  0.44        0.44       0.44      Met     0.5
 ​​Dec.        0.42        0.42       0.43      Beat    3.3
 31 2022                                                
 Sep. 30 2022  0.43        0.43       0.42      Missed  -2​
 Jun. 30 2022  0.41        0.41       0.42      Beat    2.9
 Mar. 31 2022  0.41        0.40       0.40      Met     -0.8
 This summary was machine generated April 26 at 22:10 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)