Quarterly ResultOct 27, 2026, 04:12 PM
InvenTrust Properties Q3 Net Income $19.4M; FFO $0.53/Share
AI Summary
InvenTrust Properties Corp. announced its third quarter 2026 financial results, reporting a significant increase in Net Income to $19.4 million ($0.25 per diluted share) from $6.0 million ($0.08 per diluted share) in the prior year period. The company also saw growth in its key non-GAAP metrics, with Nareit FFO rising to $41.5 million ($0.53 per diluted share) and Core FFO to $39.0 million ($0.50 per diluted share). Same Property Net Operating Income increased by 3.1%, and the company acquired a new property for $34.0 million. InvenTrust also updated its full-year 2026 guidance.
Key Highlights
- InvenTrust Properties Corp. reported Q3 2026 Net Income of $19.4 million ($0.25/share), up from $6.0 million ($0.08/share) in Q3 2025.
- Nareit FFO for Q3 2026 was $41.5 million ($0.53/share), an increase from $38.4 million ($0.49/share) in Q3 2025.
- Core FFO for Q3 2026 was $39.0 million ($0.50/share), up from $36.7 million ($0.47/share) in Q3 2025.
- Same Property Net Operating Income (NOI) grew 3.1% in Q3 2026 compared to Q3 2025.
- Leased Occupancy stood at 96.4% as of September 30, 2026.
- Executed 86 leases totaling 549,000 sq ft with a blended comparable lease spread of 14.2%.
- Acquired one property, New Garden Crossing (169,000 sq ft), for $34.0 million.
- Updated 2026 guidance: Nareit FFO per diluted share projected at $2.05 - $2.07.
Price Impact
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