The company said total revenues for Q2 rose 8.8% year over year to $653 million, while net income available to common stockholders fell 47.0% to $73 million. It said the net income included an accrual of $59.5 million for certain legal matters.

1. 01

   The company said total revenues for Q2 rose 8.8% year over year to $653 million, while net income available to common stockholders fell 47.0% to $73 million. It said the net income included an accrual of $59.5 million for certain legal matters.

2. 02

   Invitation Homes said Same Store NOI for Q2 rose 3.8% year over year, with Same Store Core Revenues up 4.8% and Core Operating Expenses up 7.1%. Same Store blended rent growth was 5.0%.

3. 03

   The company said Core FFO per share for Q2 rose 7.3% year over year to $0.47, and AFFO per share rose 4.1% to $0.40. It attributed the increase in Core FFO mainly to NOI growth.

4. 04

   The company said it set its FY 2024 Core FFO per share — diluted guidance range at $1.84 to $1.90 and raised the midpoint by $0.01 from the prior $1.86 to $1.87. The midpoint for AFFO per share — diluted was not changed at $1.58.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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