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Dec 31, 2023
Invitation Homes Q4 2023 Earnings Report
Invitation Homes reported a revenue increase of 7.7% to $624 million and net income of $129 million, or $0.21 per diluted share, for Q4 2023.
Key Takeaways
Invitation Homes Inc. announced its Fourth Quarter 2023 financial and operating results, featuring a 7.7% increase in total revenues to $624 million and a net income of $129 million, or $0.21 per diluted share. Core FFO per share increased by 4.6% to $0.45, and AFFO per share increased by 5.8% to $0.38. Same Store NOI increased by 5.6% year over year.
Total revenues increased 7.7% to $624 million year over year.
Net income available to common stockholders totaled $129 million, or $0.21 per diluted common share.
Core FFO per share increased 4.6% to $0.45 year over year.
Same Store NOI increased 5.6% year over year.
Invitation Homes
Invitation Homes
Forward Guidance
The Company does not provide guidance for the most comparable GAAP financial measures of net income (loss), total revenues, and property operating and maintenance expense.