earnings
confidence high
sentiment neutral
materiality 0.65
IRT Q2 CFFO $0.28 in line; same-store NOI +2.0%; $155M Orlando acquisitions under contract
INDEPENDENCE REALTY TRUST, INC.
2025-Q2 EPS
reported $0.07
vs consensus $0.04
▲ beat
(+63.2%)
- Q2 EPS of $0.03 (down from $0.05 YoY); CFFO per share flat at $0.28.
- Same-store NOI up 2.0% YoY on 1.0% revenue growth and 0.6% lower operating expenses.
- Under contract to acquire two Orlando properties for ~$155M, expected to close Q3 2025.
- Value-add program completed 454 units at 16.2% average ROI; three properties identified for disposition in 2H 2025.
- Updated FY 2025 guidance raises same-store NOI growth midpoint; retains CFFO per share midpoint.
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