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Dec 31, 2019
Invitation Homes Q4 2019 Earnings Report
Reported fourth quarter and full year results, showing revenue growth and increased net income.
Key Takeaways
Invitation Homes reported a 2.7% increase in total revenues to $444 million for Q4 2019. Net income attributable to common stockholders increased by 107.0% to $52 million, or $0.10 per share. Same Store NOI grew 3.8% year over year.
Total revenues increased 2.7% to $444 million.
Net income attributable to common stockholders increased 107.0% to $52 million, or $0.10 per share.
Core FFO per share increased 6.1% to $0.32, and AFFO per share increased 10.8% to $0.28.
Same Store NOI grew 3.8% year over year.
Invitation Homes
Invitation Homes
Invitation Homes Revenue by Segment
Invitation Homes Revenue by Geographic Location
Forward Guidance
Invitation Homes expects FY 2020 Same Store NOI growth of 4.25% at the midpoint of its guidance.