Q2 FY2026 EarningsQ2 FY26 revenue of $167.2M slightly beat the $167.0M consensus, while same-store NOI margin of 62.7% outperformed the 62.2% expectation. However, GAAP Net Income of $3.4M significantly missed the $6.6M consensus by 48.0%, primarily due to higher interest expenses ($21.6M) and depreciation costs ($64.9M). Consequently, diluted GAAP EPS of $0.01 missed the $0.028 mean estimate by 64.3%.
Overview: Independence Realty Trust(IRT) the Revenue is 167.13 M (+3.23%), Beat estimate;the EBIT is 25.39 M (-8.55%), Beat estimate;the EPS is 0.01 (-66.67%), Miss estimate.