Invitation Homes(US:INVH) ZACKSยท2024-10-29 14:21Core Viewpoint - Wall Street analysts expect Invitation Home (INVH) to report quarterly earnings of $0.46 per share, reflecting a year-over-year increase of 4.6%, with revenues projected at $659.53 million, a 6.8% increase compared to the previous year [1]. Group 1: Earnings and Revenue Estimates - The consensus EPS estimate for the quarter has remained unchanged over the past 30 days, indicating analysts' reassessment of their initial projections [1]. - Analysts project 'Revenues- Management Fee Revenues' to be $16.74 million, representing a significant increase of 391.7% year-over-year [4]. - The average estimate for 'Revenues- Rental revenues' is $643.98 million, suggesting a year-over-year change of 16% [4]. Group 2: Depreciation and Stock Performance - Analysts estimate 'Depreciation and amortization' to be $176.49 million, compared to $170.70 million reported in the same quarter last year [5]. - Over the past month, shares of Invitation Home have decreased by 4.8%, while the Zacks S&P 500 composite has increased by 1.7% [5]. - Currently, INVH holds a Zacks Rank 3 (Hold), indicating its performance may align with the overall market in the near future [5].