Independence Realty Trust (IRT) Tops Q4 FFO by 1c/Share
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Independence Realty Trust Announces Fourth Quarter and Fiscal 2015 Financial Results
February 18, 2016 8:02 AM ESTPHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE MKT: IRT) today announced its fourth quarter and fiscal 2015 financial results. All per share results are reported on a diluted basis.
Results for the Quarter
Core Funds from Operations (CFFO) per share increased 29% to $0.22 for the quarter ended December 31, 2015 from $0.17 for the quarter ended December 31, 2014. Earnings per share (EPS) was $0.09 for the quarter ended December 31, 2015 as compared to $0.01 for the quarter ended December 31, 2014. Earnings before interest, taxes, depreciation and amortization and before acquisition expenses (Adjusted... More