Invitation Homes Reports First Quarter 2021 Results
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Invitation Homes Inc. (INVH) Tops Q1 EPS by 3c
April 28, 2021 4:54 PM EDTInvitation Homes Inc. (NYSE: INVH) reported Q1 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $475 million versus the consensus estimate of $470.1 million.
Year over year, Core FFO per share increased 4.5% to $0.36, and AFFO per share increased 6.8% to $0.31.Same Store NOI grew 4.4% year over year on 2.2% Same Store Core revenue growth and a 2.2% decrease in Same Store Core operating expenses.Same Store average occupancy was 98.4%, up 170 basis points year over year.Same Store new lease rent growth of 7.9% and Same Store... More