Invitation Homes Inc reports results for the quarter ended in June - Earnings Summary

Invitation Homes

27/07/2023 15:26

* Invitation Homes Inc  INVH.N  reported quarterly adjusted
earnings of 22 cents​​ per share for the quarter ended in June.
The mean expectation of nine analysts for the quarter was
for earnings of 17 cents per share.
    * Revenue rose 7.7% to $600.37 million from a year ago;
analysts
expected $597.45 million. 
    * Invitation Homes Inc's reported EPS for the quarter was 22
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Invitation Homes Inc shares had risen by 3.3% this
quarter and
gained 19.8% so far this year.
    * The company reported quarterly net income of $137.7
million.
    * Wall Street's median 12-month price target for Invitation
Homes
Inc is $37.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:25 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.45           0.44           Missed
 Mar. 31 2023      0.44           0.44           Met
 Dec. 31 2022      0.42           0.43           Beat
 Sep. 30 2022      0.43           0.42           Missed