earnings
confidence high
sentiment positive
materiality 0.75
InvenTrust Q4 Core FFO $0.43, full-year $1.73; same-property NOI up 7.1%; raises dividend 5%
InvenTrust Properties Corp.
2024-FY EPS reported
$0.19
revenue$273,974,000
- Net income Q4 2024 $9.8M ($0.13/diluted) vs $2.9M ($0.04) in Q4 2023; full-year $13.7M ($0.19) vs $5.3M ($0.08).
- Same Property NOI growth 7.1% Q4 and 5.0% full year; Leased Occupancy 97.4%, an all-time high.
- Acquired four properties in Q4 for ~$185.5M total; raised $7.8M net via ATM at $30.96/share.
- Board approved 5% dividend increase to $0.2377/quarter ($0.9508 annual), starting April 2025.
- Initial 2025 guidance: Core FFO $1.79–$1.83/diluted share; SPNOI growth 3.5–4.5%; net investment ~$100M.