Independence Realty Trust (IRT) Tops Q4 EPS by 17c

Go back to Independence Realty Trust (IRT) Tops Q4 EPS by 17c

Independence Realty Trust Announces Fourth Quarter and Full Year 2019 Financial Results

February 12, 2020 4:10 PM EST

Introduces Full Year 2020 Guidance Metrics

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its fourth quarter and full year 2019 financial results.

Fourth Quarter Highlights

Net income allocable to common shares of $23.8 million for the quarter ended December 31, 2019 as compared to $14.6 million for the quarter ended December 31, 2018. Earnings per diluted share of $0.26 for the quarter ended December 31, 2019, as compared to $0.16 for the quarter ended December 31, 2018. Same store net operating... More