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INVHBullishEarningsnews
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Invitation Home (INVH) Reports Q2 Earnings: What Key Metrics Have to Say

Jul 24, 2024, 8:06 PM EDT1 sourcesAI-analyzed

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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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