earnings
confidence high
sentiment positive
materiality 0.75
InvenTrust Q4 Core FFO $0.34; 5% dividend hike; 2023 guidance $1.59-$1.64
InvenTrust Properties Corp.
2022-FY EPS reported
$0.77
revenue$236,707,000
- Q4 net loss $0.1M ($0.00 EPS); full year net income $52.2M ($0.77 EPS).
- Core FFO $0.34/sh Q4, $1.57/sh FY; NAREIT FFO $0.35 and $1.66 respectively.
- Same Property NOI growth 0.4% Q4, 4.6% FY; leased occupancy 96.1%.
- Board approves 5% dividend increase to $0.862/yr; quarterly $0.2155 starts April 2023.
- Acquired remaining JV interests in four retail properties for $222.3M (Jan 2023); Q4 acquisitions $80.6M.