IRT Q3 EPS rises to $0.11 from $0.03; 2026 EPS guidance cut to $0.18-$0.20
Independence Realty Trust (IRT) reported third quarter 2026 EPS of $0.11, up from $0.03 a year earlier, and same-store NOI growth of 1.6%, while CFFO per share was flat at $0.29. The company lowered its 2026 EPS guidance to $0.18-$0.20 from $0.22-$0.27 but kept its CFFO per share guidance at $1.13-$1.15, so shareholders see improved quarterly profit alongside a lower full-year earnings outlook. The pending Centerspace merger, which is expected to close as early as the end of the fourth quarter of 2026, remains subject to stockholder votes on November 10, 2026.
Key points
- Q3 2026 EPS of $0.11 versus $0.03 in Q3 2025; net income available to common shares of $25.1 million
- CFFO per share of $0.29 in both Q3 2026 and Q3 2025; same-store NOI up 1.6%
- 2026 full-year EPS guidance lowered to $0.18-$0.20 from $0.22-$0.27; CFFO per share guidance unchanged at $1.13-$1.15
- Centerspace merger vote scheduled for November 10, 2026; closing expected as early as end of Q4 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 7, 2026, 11:18 PM ET, from the text of the filing and its press-release exhibits only.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.