The earnings call reflected a generally positive outlook with strong operational and financial performance. Highlights included high resident retention, a robust acquisition strategy, and effective cost management. However, there were challenges noted in certain markets due to supply pressures and a moderate growth in new lease rates.

Company Guidance -

Q3 2025

In the second quarter of 2025, Invitation Homes reported strong performance metrics, demonstrating resilience and strategic execution. The company's average resident tenure reached 40 months with a renewal rate close to 80%, reflecting resident satisfaction and the efficacy of their service platform. Financially, they achieved a 2.4% year-over-year growth in same-store core revenue, while core operating expenses increased by 2.2%, leading to a net operating income (NOI) growth of 2.5%. The blended rent growth was 4%, supported by a 4.7% renewal rent increase and a 2.2% rise in new leases. Occupancy for July stood at 96.6%, with July's blended lease rate growth at 3.8%. On the acquisition front, they purchased nearly 1,000 homes, predominantly newly built, and maintained a robust pipeline targeting attractive yields. The company remains poised to meet or exceed its acquisition guidance of $500 million to $700 million for the year. Financially, they reported a core FFO of $0.48 per share for the quarter, with year-to-date core FFO at $0.97 per share. Their balance sheet remains strong with a net debt to trailing 12-month adjusted EBITDA ratio of 5.3x, supported by $1.3 billion in liquidity.

Strong Resident Tenure and Renewal Rates

The average resident tenure was 40 months, and the renewal rate approached 80%, indicating high resident satisfaction and quality of service.

Robust Acquisition Pipeline

Invitation Homes acquired just under 1,000 wholly owned homes, with a focus on high-quality, newly built homes in strategic markets.

Solid Financial Position

The company reported core FFO of $0.48 per share for the quarter, with robust liquidity of approximately $1.3 billion and a strong capital structure.

Positive Leasing Performance

Blended rent growth was 4%, driven by 4.7% renewal rent growth and 2.2% growth in new leases.

Effective Cost Management

Core operating expenses rose by only 2.2%, with maintenance and repair costs well managed, leading to a 2.5% NOI growth.

Invitation Homes (INVH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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INVH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	0.18 / -	0.15	―	―	―
Jul 30, 2025	2025 (Q2)	0.19 / 0.23	0.12	91.67% (+0.11)	―
Apr 30, 2025	2025 (Q1)	0.18 / 0.27	0.23	17.39% (+0.04)	―
Feb 26, 2025	2024 (Q4)	0.18 / 0.23	0.21	9.52% (+0.02)	―
Oct 30, 2024	2024 (Q3)	0.17 / 0.15	0.21	-28.57% (-0.06)	―
Jul 24, 2024	2024 (Q2)	0.19 / 0.12	0.22	-45.45% (-0.10)	―
Apr 30, 2024	2024 (Q1)	0.18 / 0.23	0.2	15.00% (+0.03)
Feb 13, 2024	2023 (Q4)	0.17 / 0.21	0.16	31.25% (+0.05)	―
Oct 25, 2023	2023 (Q3)	0.17 / 0.21	0.13	61.54% (+0.08)	―
Jul 26, 2023	2023 (Q2)	0.17 / 0.22	0.18	22.22% (+0.04)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

INVH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$31.38	$30.65	-2.33%
Apr 30, 2025	$33.89	$34.80	+2.69%
Feb 26, 2025	$31.03	$32.75	+5.54%
Oct 30, 2024	$32.37	$30.60	-5.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Invitation Homes Inc (INVH) report earnings?

Invitation Homes Inc (INVH) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Invitation Homes Inc (INVH) earnings time?

Invitation Homes Inc (INVH) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is INVH EPS forecast?

INVH EPS forecast for the fiscal quarter 2025 (Q3) is 0.18.

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