IRT Q2 2026 EPS $0.01, CFFO $0.28; same-store NOI up 1.2%; guidance affirmed

INDEPENDENCE REALTY TRUST, INC.

EPS of $0.01 (down from $0.03 YoY); CFFO per share $0.28 (flat YoY).
Same-store NOI growth 1.2%; rental revenues +0.9%, operating expenses +0.5%.
Value-add program: 600 renovations completed, avg ROI 16.4%.
Fitch upgraded outlook to 'Positive'; full-year 2026 Core FFO guidance midpoint affirmed.
Net income $3.4M (down from $8.0M); Adjusted EBITDA $90.3M (up from $87.6M).

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