Independence Realty Trust Q2 EPS $0.28 Up From $0.26 YoY, Sales $163.60M Miss $164.95M Estimate
Portfolio Pulse from mahesh@benzinga.com
Independence Realty Trust (NYSE:IRT) reported Q2 earnings of $0.28 per share, a 7.69% increase YoY. However, the company's quarterly sales of $163.60 million missed the analyst consensus estimate of $164.95 million by 0.82%.
July 26, 2023 | 8:15 pm
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Independence Realty Trust's Q2 earnings per share increased YoY, but sales missed estimates.
While Independence Realty Trust's earnings per share increased YoY, the company's sales missed analyst estimates. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100