Independence Realty Trust Q4 Core FFO Rises, Revenue Falls; 2025 Core FFO Outlook Issued

MT Newswires Live

02-13

Independence Realty Trust (IRT) reported Q4 core funds from operations late Wednesday of $0.32 per diluted share, up from $0.30 a year earlier.

Analysts polled by FactSet expected $0.32.

Rental and other property revenue for the quarter ended Dec. 31 fell to $160.6 million from $166.7 million a year earlier.

Analysts surveyed by FactSet expected $163.3 million.

For 2025, the company expects core FFO of $1.16 to $1.19 per share.

The consensus is for $1.19.

Shares were up more than 1% in after-hours activity.

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