Independence Realty Trust Announces Third Quarter 2020 Earnings Release and Conference Call Dates
October 02 2020 - 4:05PM
Business Wire
Independence Realty Trust, Inc. (NYSE: IRT) (“IRT”) today
announced that it expects to release its third quarter 2020
financial results after market close on Wednesday, October 28,
2020, and will hold its quarterly results conference call on
Thursday, October 29, 2020 at 9:00 a.m. Eastern Time.
The live conference call can be accessed from the investor
relations section of the IRT website at investors.irtliving.com or
by dialing 1.844.775.2542, access code 4646712. A replay of the
conference call will be available shortly following the live call
on the investor relations section of IRT’s website and
telephonically until Thursday, November 5, 2020 by dialing
1.855.859.2056, access code 4646712.
About Independence Realty Trust, Inc. Independence Realty
Trust (NYSE: IRT) is a real estate investment trust that owns and
operates multifamily apartment properties across non-gateway U.S.
markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT’s
investment strategy is focused on gaining scale within key amenity
rich submarkets that offer good school districts, high-quality
retail and major employment centers. IRT aims to provide
stockholders attractive risk-adjusted returns through diligent
portfolio management, strong operational performance, and a
consistent return on capital through distributions and capital
appreciation. More information may be found on the Company’s
website www.irtliving.com.
Forward-Looking Statements This press release contains
certain forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Such
forward-looking statements can generally be identified by our use
of forward-looking terminology such as “will,” “strategy,”
“expects,” “seeks,” “believes,” “potential,” or other similar
words. These forward-looking statements include, without
limitation, our expectations with respect to capital allocations,
including as to the timing and amount of future dividends. Because
such statements include risks, uncertainties and contingencies,
actual results may differ materially from the expectations,
intentions, beliefs, plans or predictions of the future expressed
or implied by such forward-looking statements. These
forward-looking statements are based upon the current beliefs and
expectations of our management and are inherently subject to
significant business, economic and competitive uncertainties and
contingencies, many of which are difficult to predict and generally
not within our control. In addition, these forward-looking
statements are subject to assumptions with respect to future
business strategies and decisions that are subject to change. Risks
and uncertainties that might cause our actual results and/or future
dividends to differ materially from those expressed or implied by
forward-looking statements include, but are not limited to: risks
related to the impact of COVID-19 and other potential future
outbreaks of infectious diseases on our financial condition,
results of operations, cash flows and performance and those of our
residents as well as on the economy and real estate and financial
markets; changes in market demand for rental apartment homes and
pricing pressures, including from competitors, that could limit our
ability to lease units or increase rents or that could lead to
declines in occupancy and rent levels; uncertainty and volatility
in capital and credit markets, including changes that reduce
availability, and increase costs, of capital; inability of tenants
to meet their rent and other lease obligations and charge-offs in
excess of our allowance for bad debt; legislative restrictions that
may delay or limit collections of past due rents; risks endemic to
real estate and the real estate industry generally; the effects of
natural and other disasters; delays in completing, and cost
overruns incurred in connection with, our value add initiatives and
failure to achieve projected rent increases and occupancy levels on
account of the initiatives; unexpected costs of REIT qualification
compliance; costs and disruptions as the result of a cybersecurity
incident or other technology disruption; and share price
fluctuations. Please refer to the documents filed by us with the
SEC, including specifically the “Risk Factors” sections of our Form
10-K for the year ended December 31, 2019 and our Quarterly Report
on Form 10-Q for the quarter ended March 31, 2020, and our other
filings with the SEC, which identify additional factors that could
cause actual results to differ from those contained in
forward-looking statements. We undertake no obligation to update
these forward-looking statements to reflect events or circumstances
after the date hereof or to reflect the occurrence of unanticipated
events, except as may be required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20201002005468/en/
Independence Realty Trust, Inc. Edelman Financial
Communications & Capital Markets Ted McHugh and Lauren Torres
917-365-7979 IRT@edelman.com
Independence Realty (NYSE:IRT)
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