Independence Realty Trust (NYSE:IRT) reported Q1 EPS of $0.34, $0.11 worse than the analyst estimate of $0.45.
Core Funds from Operations of $57.7 million for the quarter ended March 31, 2022 compared to $18.0 million for the quarter ended March 31, 2021. CFFO per share was $0.25 for the first quarter of 2022, as compared to $0.18 for the first quarter of 2021.