Independence Realty Trust (IRT) Reports Q1 FFO of $0.18
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Independence Realty Trust Announces First Quarter 2019 Financial Results
May 1, 2019 4:15 PM EDTPHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its first quarter 2019 financial results.
First Quarter Highlights
Net income allocable to common shares of $2.5 million for the quarter ended March 31, 2019 as compared to $3.4 million for the quarter ended March 31, 2018. Earnings per diluted share of $0.03 for the quarter ended March 31, 2019 as compared to $0.04 for the quarter ended March 31, 2018. Core Funds from Operations (CFFO) of $16.0 million for the quarter ended March 31, 2019 as compared to $15.6 million for the quarter... More