Independence Realty Trust (IRT) Reports Q4 core FFO of $0.17

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Go back to Independence Realty Trust (IRT) Reports Q4 core FFO of $0.17

Independence Realty Trust Announces Fourth Quarter and Fiscal 2016 Financial Results

February 16, 2017 7:30 AM EST

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE MKT: IRT) today announced its fourth quarter and fiscal 2016 financial results. All per share results are reported on a diluted basis.

Results for the Quarter

Earnings (loss) per share (EPS) was $(0.61) for the quarter ended December 31, 2016 as compared to $0.09 for the quarter ended December 31, 2015. Core Funds from Operations (CFFO) per share of $0.17 for the quarter ended December 31, 2016 as compared to $0.22 for the quarter ended December 31, 2015. Earnings before interest, taxes, depreciation and amortization and before acquisition... More