earnings
confidence high
sentiment positive
materiality 0.75
InvenTrust Q2 2026: Net income plunges to $1.4M, but Nareit FFO rises to $0.50/sh; acquires $132.6M in properties
InvenTrust Properties Corp.
- Net income Q2 2026 $1.4M ($0.02/sh) vs $95.9M ($1.23/sh) in Q2 2025; Nareit FFO $0.50/sh vs $0.45/sh.
- Core FFO $0.48/sh, Same Property NOI growth 4.1%, Leased Occupancy 96.2%.
- Acquired three properties for $132.6M in Q2; subsequent acquisition of New Garden Crossing for $34M.
- Issued $250M senior notes: $50M at 5.09% due 2029, $100M at 5.32% due 2031, $100M at 5.60% due 2033.
- Updated 2026 guidance: Net income $0.12-$0.18/sh (prev $0.10-$0.16), Nareit FFO $2.01-$2.07 (prev $2.00-$2.06).