---
schema_version: "secwatch.filing_event.v1"
accession: "0001466085-23-000099"
form_type: "8-K"
ticker: "IRT"
cik: "0001466085"
company_name: "INDEPENDENCE REALTY TRUST, INC."
filed_at: "2023-07-26T23:59:59+00:00"
generated_at: "2026-06-13T02:17:47.815308+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IRT Q2 net income $10.7M vs loss; raises FY2023 EPS and Core FFO guidance

## Summary
- Net income available to common shares of $10.7M ($0.05 diluted EPS) vs $(7.2M) loss ($(0.03) EPS) YoY.
- Core FFO of $63.7M ($0.28/share) vs $58.6M ($0.26) YoY; same-store NOI grew 6.3%.
- Adjusted EBITDA $89.2M vs $83.2M YoY; value-add renovations at 625 units with 16.2% ROI.
- Increased midpoint of full year 2023 EPS and Core FFO guidance ranges.

## SEC filing metadata
- accession: 0001466085-23-000099
- form_type: 8-K
- ticker: IRT
- cik: 0001466085
- company_name: INDEPENDENCE REALTY TRUST, INC.
- filed_at: 2023-07-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1466085/000146608523000099/0001466085-23-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1466085/000146608523000099/irt-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001466085-23-000099
- JSON: https://secwatch.observer/filing/0001466085-23-000099.json
- Plain text: https://secwatch.observer/filing/0001466085-23-000099.txt

## Key facts
- Earnings Releases
  INDEPENDENCE REALTY TRUST, INC. reported three and six months ended June 30, 2023 results: net income Net income (loss) available to common shares of $10.7 million for the quarter ended June 30, 2023, EPS Earnings (loss) per diluted share of $0.05 for the quarter ended June 30, 2023. Guidance raised.
  - Period: three and six months ended June 30, 2023
  - Net income: Net income (loss) available to common shares of $10.7 million for the quarter ended June 30, 2023
  - EPS: Earnings (loss) per diluted share of $0.05 for the quarter ended June 30, 2023
  - Guidance: raised
  - Result: reported results
  source text: On July 26, 2023, IRT issued a press release regarding its earnings for the three and six months ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1466085/000146608523000099/0001466085-23-000099-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.