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

Invitation Homes

25/10/2023 23:38

* Invitation Homes Inc  INVH.N  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 17 cents per share.
    * Revenue rose 8.6% to $617.70 million from a year ago;
analysts
expected $611.77 million. 
    * Invitation Homes Inc's reported EPS for the quarter was 21
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.3%
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 fallen by 1.8% this
quarter and
gained 5.0% so far this year.
    * The company reported quarterly net income of $131.64
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 11 "strong buy" or "buy," 10
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 10:38 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.45           0.44           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