Invitation Homes Inc. (INVH) Reports Q1 FFO of $0.40

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Go back to Invitation Homes Inc. (INVH) Reports Q1 FFO of $0.40

Invitation Homes Reports First Quarter 2022 Results

April 27, 2022 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 Q1 2022 financial and operating results.

First Quarter 2022 Highlights

Year over year, total revenues increased 12.0% to $532 million, property operating and maintenance costs increased 8.3% to $182 million, net income available to common stockholders increased 61.3% to $92 million, and net income per diluted common share increased 51.0% to $0.15. Year over year, Core FFO per share increased 13.5% to $0.40, and AFFO per share increased 11.9% to $0.35. Same Store NOI increased... More