American Homes 4 Rent Q3 Adjusted Funds From Operations, Revenue Increase

MT Newswires Live
2024-10-30

American Homes 4 Rent (AMH) reported Q3 adjusted funds from operations late Tuesday of $0.38 per share, up $0.35 a year earlier.

Analysts surveyed by Capital IQ expected $0.36.

Revenue for the quarter ended Sept. 30 was $445.1 million, up from $421.7 million a year earlier.

Analysts surveyed by Capital IQ expected $445.1 million.

The company said it expects full-year 2024 core funds from operations of $1.76 to $1.78 per share, compared with its prior outlook of $1.74 to $1.78. Analysts surveyed by Capital IQ expect $1.76.

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