NYSE$IVT
InvenTrust Properties Corp · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
InvenTrust Properties Corp. reported its financial and operating results for the fourth quarter and full year ended December 31, 2024.
InvenTrust Properties Corp. reported a significant increase in net income for Q4 2024, reaching $9.8 million compared to $2.9 million in Q4 2023. The company also saw strong Same Property NOI growth of 7.1% and achieved a leased occupancy of 97.4%.
- Net Income for Q4 2024 increased to $9.8 million, up from $2.9 million in Q4 2023.
- Same Property Net Operating Income (NOI) grew by 7.1% for the fourth quarter.
- Leased Occupancy reached 97.4% as of December 31, 2024, a sequential increase of 40 basis points.
- The Board of Directors approved a 5% increase to the Company's dividends starting in April 2025.
Headline financials
Revenue & EPS history
InvenTrust · Revenue · Quarterly
$71.2M
Revenue by segment
InvenTrust · $73.6M total across 2 segments · Q2 2025
- Lease income, net$73.1M—99.4%
- Other property income$421K—0.6%
Forward guidance
InvenTrust Properties Corp. provided initial guidance for 2025, projecting Net Income per diluted share between $0.27 and $0.33, Nareit FFO per diluted share between $1.83 and $1.89, and Core FFO per diluted share between $1.79 and $1.83. Same Property NOI growth is expected to be between 3.50% and 4.50%.
Tailwinds
- Projected Net Income per diluted share of $0.27 - $0.33.
- Anticipated Nareit FFO per diluted share of $1.83 - $1.89.
- Expected Core FFO per diluted share of $1.79 - $1.83.
- Forecasted Same Property NOI growth of 3.50% - 4.50%.
- General and administrative expenses are expected to be between $34.25 million and $35.75 million.
Headwinds
- Interest expense, net, is projected to be between $31.0 million and $31.5 million.
- Net investment activity is anticipated to be $100.0 million.
- Guidance excludes projections related to gains or losses on dispositions and debt transactions.
- Guidance excludes depreciation, amortization, and straight-line rent adjustments related to acquisitions.
- The Company's expectations may change if actual results vary from assumptions.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2024
-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
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2025 | — | — | — | |
| 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 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro