Independence Realty Trust Inc <IRT.N> expected to post earnings of 7 cents a share - Earnings Preview
Independence Realty Trust Inc IRT.N, IRT is expected to show a fall in quarterly revenue when it reports results on February 12 for the period ending December 31 2024
The Philadelphia Pennsylvania-based company is expected to report a 2.2% decrease in revenue to $163.401 million from $167.05 million a year ago, according to the mean estimate from 8 analysts, based on LSEG data. (SAL represents Property / Total/ Rental income basis)
LSEG's mean analyst estimate for Independence Realty Trust Inc is for earnings of 7 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Independence Realty Trust Inc is $21.50, above its last closing price of $19.90.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.30 | 0.30 | 0.29 | Missed | -2 |
Jun. 30 2024 | 0.28 | 0.28 | 0.28 | Met | 0.6 |
Mar. 31 2024 | 0.27 | 0.27 | 0.27 | Met | -0.9 |
Dec. 31 2023 | 0.30 | 0.30 | 0.30 | Met | 1 |
Sep. 30 2023 | 0.29 | 0.29 | 0.30 | Beat | 2.1 |
Jun. 30 2023 | 0.27 | 0.27 | 0.28 | Beat | 1.9 |
Mar. 31 2023 | 0.28 | 0.28 | 0.27 | Missed | -4.2 |
Dec. 31 2022 | 0.28 | 0.29 | 0.29 | Met | 1.7 |
This summary was machine generated February 10 at 21:39 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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