earnings
confidence high
sentiment neutral
materiality 0.60
IRT Q3 2025 EPS $0.03, CFFO $0.29/sh, same-store NOI up 2.7%
INDEPENDENCE REALTY TRUST, INC.
2025-Q3 EPS
reported $0.10
vs consensus $0.08
▲ beat
(+27.7%)
- Net income available to common shares of $6.9M ($0.03 EPS) vs $12.4M ($0.05) YoY.
- Core FFO per share of $0.29, flat YoY; adjusted EBITDA $92.6M vs $87.5M.
- Same-store NOI grew 2.7% on 1.4% rental revenue increase and 0.7% expense decrease.
- Acquired two Orlando communities for $155M; value-add renovations completed on 788 units with 14.8% avg ROI.
- Reaffirmed full-year 2025 guidance midpoints; bad debt improved to under 1% of same-store revenue.