Invitation Homes Q2 FFO $0.47, Inline, Sales $653.45M Miss $654.70M Estimate
Portfolio Pulse from Benzinga Newsdesk
Invitation Homes (NYSE:INVH) reported Q2 earnings per share of $0.47, meeting analyst expectations, and sales of $653.45 million, slightly missing the $654.70 million estimate. Both figures represent year-over-year growth.
July 24, 2024 | 8:16 pm
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Invitation Homes reported Q2 earnings per share of $0.47, meeting analyst expectations, and sales of $653.45 million, slightly missing the $654.70 million estimate. Both figures represent year-over-year growth.
The earnings per share met expectations, which is neutral for the stock price. The slight miss in sales is not significant enough to cause a major impact. The year-over-year growth in both earnings and sales is a positive sign, but the overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100