earnings
confidence high
sentiment positive
materiality 0.70
InvenTrust Q3 net loss $0.8M; core FFO $0.41, same property NOI up 5.3%
InvenTrust Properties Corp.
2023-Q3 EPS reported
$0.04
revenue$193,954,000
- Net loss of $0.8M vs net income $0.9M YoY; diluted EPS ($0.01) vs $0.01.
- Core FFO per diluted share $0.41, up from $0.37 in Q3 2022; NAREIT FFO $0.41 vs $0.39.
- Same Property NOI grew 5.3% in Q3; Leased Occupancy 95.1% as of Sep 30.
- Executed 74 leases totaling ~273k sq ft; blended comparable lease spread of 9.3%.
- 2023 Core FFO guidance raised to $1.63-$1.65 (from $1.61-$1.64); SPNOI growth 4.25%-5.00%.