Independence Realty Trust (IRT) Tops Q3 EPS by 6c

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Go back to Independence Realty Trust (IRT) Tops Q3 EPS by 6c

Independence Realty Trust Announces Third Quarter 2022 Financial Results

October 26, 2022 4:05 PM EDT

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its third quarter 2022 financial results.

Third Quarter Highlights

Net income available to common shares of $16.2 million for the quarter ended September 30, 2022 compared to $11.5 million for the quarter ended September 30, 2021. Earnings per diluted share of $0.07 for the quarter ended September 30, 2022 compared to $0.11 for the quarter ended September 30, 2021. Combined same-store portfolio net operating income (NOI) growth of 11.5% for the quarter ended September 30, 2022 compared to the quarter ended... More