Invitation Homes Reports Third Quarter 2019 Results
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Go back to Invitation Homes Reports Third Quarter 2019 Results
October 30, 2019 8:08 AM EDT
Mizuho Securities analyst Haendel St. Juste raised the price target on Invitation Homes (NYSE: INVH) to $32.00 (from $29.00) while maintaining a Neutral rating following results.
The analyst commented, "INVH posted a solid 3Q19 print highlighted by FY19 ssRev / ssNOI guidance raises with strong... More
October 29, 2019 4:43 PM EDT
Invitation Homes Inc. (NYSE: INVH) reported Q3 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $443 million versus the consensus estimate of $445.31 million.
Third Quarter 2019 Highlights
Year over year, total revenues increased 2.1% to $443 million, total property operating and maintenance expenses increased 3.2% to $175 million, and net income attributable to common stockholders increased to $34 million, or $0.06 per share.Core FFO per share was $0.29, flat year over year, and AFFO per share increased 3.1% year over year to $0.23. Included in these...
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