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Independence Realty Trust (IRT) Misses Q1 FFO and Revenue Estimates
IRTIRT(US:IRT) ZACKS·2025-05-01 07:20

Independence Realty Trust (IRT) came out with quarterly funds from operations (FFO) of 0.27pershare,missingtheZacksConsensusEstimateof0.27 per share, missing the Zacks Consensus Estimate of 0.28 per share. This compares to FFO of 0.27pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof3.570.27 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -3.57%. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.32 per share when it actually produced FFO of $0.32, delivering no surprise.Over the last four qu ...