Invitation Homes Inc. (INVH) Reports Q3 FFO of $0.30

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Go back to Invitation Homes Inc. (INVH) Reports Q3 FFO of $0.30

Invitation Homes Reports Third Quarter 2020 Results

October 28, 2020 4:15 PM EDT

DALLAS--(BUSINESS WIRE)-- Invitation Homes Inc. (NYSE: INVH) ("Invitation Homes" or the "Company"), the nation's premier single-family home leasing company, today announced its third quarter 2020 financial and operating results.

Third Quarter 2020 Highlights

Year over year, total revenues increased 3.6% to $459 million, and total property operating and maintenance expenses increased 1.4% to $178 million. Net income available to common stockholders decreased 3.2% to $33 million, and net income per diluted common share decreased 7.2% to $0.06, due in part to lower gains on sale resulting from lower disposition volume. Year over year, Core FFO... More