Independence Realty Trust (IRT) Tops Q3 EPS by 1c, Revenues Beat; Lowers FY18 EPS Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. META
2. TSLA
3. IBM
4. TXN
5. MRNA
6. SAP
7. CSX
8. LRCX
9. MRK
10. LVS

Go back to Independence Realty Trust (IRT) Tops Q3 EPS by 1c, Revenues Beat; Lowers FY18 EPS Outlook

Independence Realty Trust Announces Third Quarter 2018 Financial Results

November 1, 2018 7:00 AM EDT

Further executes on capital recycling initiatives and value add program

Closes $200 million term loan to refinance line of credit borrowings

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2018 financial results.

Third Quarter Highlights

Since the inception of the value add program, IRT has completed renovations in 847 units, achieving a weighted average return on investment of 18%. Net income allocable to common shares of $4.8 million for the quarter ended... More