secwatch.observer — SEC 8-K summary
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Issuer:     INDEPENDENCE REALTY TRUST, INC. (IRT)
CIK:        0001466085
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0001466085-24-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IRT Q4 net loss $40.5M; CFFO $0.30/share; 2024 EPS guide $0.42
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- Q4 net loss available to common shares $40.5M vs net income $33.6M in Q4 2022; loss per diluted share $0.18.
- Core FFO (CFFO) $68.7M ($0.30/share), up from $66.8M ($0.29/share) YoY.
- Same-store portfolio NOI grew 3.3% in Q4 and 5.7% for full year.
- Full year 2023 net loss $17.2M vs net income $117.2M in 2022; CFFO $263.9M ($1.15/share) vs $247.4M ($1.08/share).
- 2024 guidance: EPS mid-point $0.42, CFFO per share $1.14, same-store NOI growth 2.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1466085/000146608524000017/0001466085-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1466085/000146608524000017/irt-20240214.htm
  HTML page:      https://secwatch.observer/filing/0001466085-24-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer