Independence Realty Trust (IRT) Reports In-Line Q2 EPS

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Independence Realty Trust Announces Second Quarter 2023 Financial Results

July 26, 2023 4:05 PM EDT

Increases Midpoint of Full Year 2023 EPS and Core FFO Guidance Ranges

PHILADELPHIA--(BUSINESS WIRE)-- Independence Realty Trust, Inc. (IRT) (NYSE: IRT), a multifamily apartment REIT, today announced its second quarter 2023 financial results and raised the midpoint of its full year 2023 earnings and Core FFO guidance ranges.

Second Quarter Highlights

Net income (loss) available to common shares of $10.7 million for the quarter ended June 30, 2023 compared to $(7.2) million for the quarter ended June 30, 2022. Earnings (loss) per diluted share of $0.05 for the quarter ended June 30, 2023 compared to... More