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Invitation Homes reports Q2 core FFO 47c, consensus 47c

Reports Q2 revenue $653M, consensus $654.7M. The company said, “We’re pleased to announce our second quarter 2024 financial and operating results, which demonstrate the solid performance of our teams and the satisfaction and loyalty of our residents. Millions of families across America rely on the convenience and flexibility of leasing a single-family home, and we’re proud to be the premier choice among many available options. Through our best-in-class operating platform, Genuine Care for our residents, and our strategic approach to growth – including our burgeoning third-party management business and our valuable homebuilder relationships that are developing needed new housing communities – we believe we remain well positioned to continue our industry-leading occupancy, strong growth, and unwavering commitment to further elevating the resident experience.”

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