Independence Realty Trust (IRT) Tops Q2 EPS by 5c

Independence Realty Trust (NYSE: IRT) reported Q2 EPS of ($0.03), $0.05 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $154.76 million versus the consensus estimate of $151.93 million.

Core Funds from Operations (“CFFO”) of $58.6 million for the quarter ended June 30, 2022 compared to $20.2 million for the quarter ended June 30, 2021. CFFO per share was $0.26 for the second quarter of 2022, as compared to $0.20 for the second quarter of 2021.

For earnings history and earnings-related data on Independence Realty Trust (IRT) click here.

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