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Invitation Homes Q1 Adjusted FFO, Revenue Rise; Full-Year Guidance Reaffirmed
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Invitation Homes Q1 Adjusted FFO, Revenue Rise; Full-Year Guidance Reaffirmed
Apr 30, 2024 2:32 PM

05:09 PM EDT, 04/30/2024 (MT Newswires) -- Invitation Homes ( INVH ) reported Q1 adjusted funds from operations late Tuesday of $0.41 per diluted share, up from $0.38 a year earlier.

Analysts surveyed by Capital IQ expected $0.39.

Revenue for the quarter ended March 31 was $646 million, up from $589.9 million a year earlier.

Analysts surveyed by Capital IQ expected $631.9 million.

The company reaffirmed its full-year 2024 adjusted FFO guidance of $1.54 to $1.62 per share. Analysts surveyed by Capital IQ expect $1.57.

Price: 33.34, Change: -0.86, Percent Change: -2.51

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