NYSE$IVT

InvenTrust Properties Corp · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

InvenTrust reported financial results for the third quarter of 2023, with a net loss of $0.8 million and NAREIT FFO and Core FFO of $0.41 per diluted share. Same Property NOI increased by 5.3%, and leased occupancy stood at 95.1%.

InvenTrust Properties Corp. reported a net loss of $0.8 million, or $0.01 per diluted share, for the three months ended September 30, 2023. NAREIT FFO and Core FFO both reached $0.41 per diluted share, and Same Property NOI grew by 5.3%. Leased occupancy was 95.1% at the end of the quarter.

  • NAREIT FFO of $0.41 per diluted share
  • Core FFO of $0.41 per diluted share
  • Same Property Net Operating Income (“NOI”) growth of 5.3%
  • Leased Occupancy as of September 30, 2023 of 95.1%

Headline financials

Total Revenue

$64.1M

Previous: $58.8M+9.0%
EPS (adj)

$0.41

Previous: $0.37+10.8%
Leased Occupancy

95.1%

Previous: 95.6%-0.5%
Capital Expenditures

-$23.8M

Previous: -$22.2M-6.9%
Free Cash Flow

-$24.6M

Previous: -$21.3M-15.5%
Net Income

-$822K

Previous: $936K-187.8%
Operating Income

-$7.11M

Previous: -$6.84M-3.9%
Gross Profit

$64.1M

Previous: $58.8M+9.0%
Cash & Equivalents

$104M

Previous: $217M-51.9%
Total Assets

$2.53B

Previous: $2.54B-0.5%

Revenue & EPS history

InvenTrust · Revenue · Quarterly

$64.1M

Q3 2023+9%vs Q3 2022
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Forward guidance

InvenTrust has updated its 2023 guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

-1.0%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-3.7%

Avg return

30 days after

27%

12 / 45 earnings

Positive

+42.6%

Q4 2014

Best reaction

-90.0%

Q2 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%-3.2%+1.3%
Q4 2025-0.1%+0.4%+2.1%
Q3 2025-2.8%-2.4%+1.1%
Q1 2025+1.1%+0.4%+0.8%
Q4 2024+1.4%-0.0%-4.9%
Q3 2024+2.0%+0.3%+6.2%
Q2 2024+1.0%-2.4%+7.1%
Q1 2024-0.2%-0.9%-4.1%
Q4 2023-1.5%+0.4%-3.2%
Q3 2023+1.2%+0.3%-0.2%
Q2 2023+2.2%+1.2%-0.3%
Q1 2023+4.4%+3.6%-2.6%
Q4 2022+1.7%+0.4%-8.2%
Q3 2022-4.1%-0.1%+0.6%
Q2 2022-1.7%-3.5%-8.4%
Q1 2022+0.8%-1.9%+3.1%
Q4 2021-1.3%-4.2%+6.1%
Q3 2021+3.0%+3.9%+2.1%
Q2 2021-90.0%-90.0%-91.4%
Q1 2021+0.0%+0.0%-1.6%
Q4 2020+0.0%+0.0%+9.2%
Q3 2020+0.0%+0.0%+0.0%
Q2 2020+0.0%+0.0%+0.0%
Q1 2020+0.0%+0.0%+0.0%
Q4 2019+0.0%+0.0%+0.0%
Q3 2019+0.0%+0.0%+0.0%
Q2 2019+0.0%+0.0%+0.0%
Q1 2019+0.0%+0.0%+0.0%
Q4 2018+0.0%+0.0%+0.0%
Q3 2018+0.0%-13.9%-13.9%
Q2 2018+0.0%+0.0%+20.0%
Q1 2018+0.0%+0.0%+0.0%
Q4 2017+0.0%+0.0%+0.0%
Q3 2017+0.0%+0.0%+0.0%
Q2 2017+0.0%+0.0%+0.0%
Q1 2017+0.0%+0.0%-41.5%
Q4 2016+0.0%+0.0%-21.9%
Q3 2016+0.0%+0.0%+0.0%
Q2 2016+0.0%-0.6%-0.6%
Q1 2016-2.0%
Q4 2015-3.2%
Q3 2015-0.2%
Q2 2015-0.7%
Q1 2015
Q4 2014+42.6%
Q3 2014-0.8%
Q2 2014
Q4 2013
Q1 2014
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010
Q1 2010

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