Invitation Homes Inc reports results for the quarter ended December 31 - Earnings Summary

Invitation Homes

27/02/2025 24:52

Invitation Homes Inc INVH.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 21 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 18 cents per share. Wall Street expected results to range from 14 cents to 22 cents per share.

Revenue rose 5.6% to $659.13 million from a year ago; analysts expected $653.95 million.

Invitation Homes Inc's reported EPS for the quarter was 23 cents​.

The company reported quarterly net income of $142.94 million.

Invitation Homes Inc shares had risen by 0.4% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy," 15 "hold" and no "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 February 27 at 12:51 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
Dec. 31 2024
0.47
0.47
Met
Sep. 30 2024
0.46
0.47
Beat
Jun. 30 2024
0.47
0.47
Met
Mar. 31 2024
0.46
0.47
Beat