InvenTrust Properties reports Q1 core FFO 46c, consensus 46c

Nareit FFO was 48c per share. Reports Same Property Net Operating Income growth of 6.1%. “Our results demonstrate the strength of our necessity-based, Sun Belt-focused platform,” said DJ Busch, President and CEO of InvenTrust. “Driven by favorable demographics, limited new supply, and resilient, albeit moderating, consumer spending, our portfolio continues to perform well despite recent economic developments and uncertainty. Looking ahead, we remain committed to operational excellence and pursuing disciplined acquisitions that drive long-term cash flow for our shareholders.”