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Independence Realty Trust Inc

$18.19

Earnings Summary

Revenue
$160.53Mn
Net Profits
$17.58Mn
Net Profit Margins
10.95%

Highlights

Revenue:

Independence Realty Trust Inc’s revenue fell -0.52% since last year same period to $160.53Mn in the Q1 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated -3.9% fall in its revenue since last 3-months.

Net Profits:

Independence Realty Trust Inc’s net profit jumped 180.38% since last year same period to $17.58Mn in the Q1 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated 143.38% jump in its net profits since last 3-months.

Net Profit Margins:

Independence Realty Trust Inc’s net profit margin jumped 181.85% since last year same period to 10.95% in the Q1 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated 145.14% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Independence Realty Trust Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.07
EPS Estimate Current Year
0.07

Highlights

EPS Estimate Current Quarter:

Independence Realty Trust Inc’s earning per share (EPS) estimates for the current quarter stand at 0.07 - a -41.67% fall from last quarter’s estimates.

EPS Estimate Current Year:

Independence Realty Trust Inc’s earning per share (EPS) estimates for the current year stand at 0.07.

Key Ratios

Key ratios of the Independence Realty Trust Inc post its Q1 2024 earnings

Earning Per Share (EPS)
0.08
Return on Assets (ROA)
0.01
Return on Equity (ROE)
-0
Dividend Per Share (DPS)
0.16

Highlights

Earning Per Share (EPS):

Independence Realty Trust Inc’s earning per share (EPS) jumped 100% since last year same period to 0.08 in the Q1 2024. This indicates that the Independence Realty Trust Inc has generated 100% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Independence Realty Trust Inc’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Independence Realty Trust Inc’s return on equity (ROE) stands at -0.

Dividend Per Share (DPS):

Independence Realty Trust Inc declared 0.16 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-04-30
0.12
0.08
-33.33%