Independence Realty Trust, based in Philadelphia, is a real estate investment trust that operates 113 multifamily properties in non-gateway U.S. markets, focusing on areas near employment centers. The company, with 952 employees, went public on August 13, 2013.
Independence Realty Trust (IRT) reported a positive EPS surprise in its most recent quarterly earnings. For the most recent quarter, Independence Realty Trust's actual EPS was $0.05, beating the estimate of $0.09 per share, resulting in a 78.40% surprise.
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