Earnings Summary

Independence Realty Trust Inc’s revenue fell -5.02% since last year same period to $160.14Mn in the Q3 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated 1.09% jump in its revenue since last 3-months.

Independence Realty Trust Inc’s net profit jumped 214.63% since last year same period to $12.37Mn in the Q3 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated 19.42% jump in its net profits since last 3-months.

Independence Realty Trust Inc’s net profit margin jumped 231.28% since last year same period to 7.72% in the Q3 2024. On a quarterly growth basis, Independence Realty Trust Inc has generated 18.13% jump in its net profit margins since last 3-months.

Independence Realty Trust Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 0.

Independence Realty Trust Inc’s earning per share (EPS) estimates for the current quarter stand at 0.09 - a 28.57% jump from last quarter’s estimates.

Independence Realty Trust Inc’s earning per share (EPS) estimates for the current year stand at 0.09.

Independence Realty Trust Inc’s earning per share (EPS) jumped 150% since last year same period to 0.05 in the Q3 2024. This indicates that the Independence Realty Trust Inc has generated 150% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

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.

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.

Independence Realty Trust Inc declared 0.16 dividend per share during the earnings announcement for Q3 2024.