Invitation Homes Inc. (INVH) Tops Q1 EPS by 4c
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Invitation Homes Reports First Quarter 2023 Results
May 1, 2023 4:15 PM EDTDALLAS--(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 2023 financial and operating results.
First Quarter 2023 Highlights
Year over year, total revenues increased 10.8% to $590 million, property operating and maintenance costs increased 14.4% to $208 million, net income available to common stockholders increased 30.0% to $120 million, and net income per diluted common share increased 29.0% to $0.20. Year over year, Core FFO per share increased 9.5% to $0.44, and AFFO per share increased 9.0% to $0.38. Same Store NOI increased... More