Invitation Homes Q4 FFO $0.45, Inline, Sales $624.32M Beat $623.64M Estimate
Portfolio Pulse from Benzinga Newsdesk
Invitation Homes (NYSE:INVH) reported Q4 earnings of $0.45 per share, meeting analyst consensus. Quarterly sales were $624.32M, slightly above the $623.64M estimate, marking a 7.67% increase from the previous year.
February 13, 2024 | 9:18 pm
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Invitation Homes reported Q4 earnings per share of $0.45, in line with expectations, and sales of $624.32M, slightly above estimates.
Meeting earnings expectations and slightly beating sales estimates indicates a positive performance for Invitation Homes. The 7.67% year-over-year sales increase further strengthens the company's financial position, likely leading to a positive short-term impact on the stock price.
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