Invitation Homes Inc. (INVH) reported second-quarter 2025 core funds from operations (FFO) per share of 48 cents, exceeding estimates of 47 cents and up from 47 cents a year ago. Same-store NOI rose 2.5% on 4.0% blended rent growth, despite occupancy dropping to 97.2%. The company acquired 1,040 homes and launched a $32.7 million lending program for home development. Total revenues of $681.4 million surpassed estimates and improved 4.3% year over year. Invitation Homes expects core FFO per share between $1.88 and $1.94 for 2025, with a guided range of 1.75% to 3.25% growth in same-store revenues and a 2.75-4.25% increase in same-store expenses.

Read more at Zacks Investment Research: Invitation Homes’ Q2 FFO and Revenues Beat, Rents Improve Y/Y – July 31, 2025