Invitation Homes Inc. (INVH) Misses Q3 EPS by 2c, Beats on Revenue
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Invitation Homes Reports Third Quarter 2024 Results
October 30, 2024 4:15 PM EDTDALLAS--(BUSINESS WIRE)-- Invitation Homes Inc. (NYSE: INVH) (Invitation Homes or the Company), the nations premier single-family home leasing and management company, today announced its Q3 2024 financial and operating results.
Third Quarter 2024 Highlights
Year over year, total revenues increased 6.9% to $660 million, property operating and maintenance costs increased 5.6% to $242 million, net income available to common stockholders decreased 27.8% to $95 million, and net income per diluted common share decreased 27.8% to $0.15. Year over year, Core FFO per share increased 6.8% to $0.47 and AFFO per share increased 7.2% to $0.38. Same... More