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What happened, with direct paths to the underlying reporting
INVH revenue rose 8.8% to $653.45 million year-over-year. EPS for the quarter was $0.47, significantly up from $0.22 last year. Management fee revenue jumped 363.3% compared to average estimates. Rental revenue fell short of estimates at $576.87 million. INVH has a Zacks Rank #2 (Buy), suggesting potential outperformance.
- INVH revenue rose 8.8% to $653.45 million year-over-year.
- EPS for the quarter was $0.47, significantly up from $0.22 last year.
- Management fee revenue jumped 363.3% compared to average estimates.
- Rental revenue fell short of estimates at $576.87 million.
- INVH has a Zacks Rank #2 (Buy), suggesting potential outperformance.
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