American Homes 4 Rent reports results for the quarter ended December 31 - Earnings Summary

Reuters
21 Feb
<a href="https://laohu8.com/S/AMH">American Homes 4 Rent</a> reports results for the quarter ended December 31 - Earnings Summary
  • American Homes 4 Rent AMH.N reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 21 cents. The mean expectation of ten analysts for the quarter was for earnings of 15 cents per share. Wall Street expected results to range from 10 cents to 21 cents per share.

  • Revenue rose 6.8% to $436.59 million from a year ago; analysts expected $438.28 million.

  • American Homes 4 Rent's reported EPS for the quarter was 33 cents​.

  • The company reported quarterly net income of $123.23 million.

  • American Homes 4 Rent shares had fallen by 4.6% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 0.8% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 9 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the residential reits peer group is also "buy"

Wall Street's median 12-month price target for American Homes 4 Rent is $40.00

This summary was machine generated from LSEG data February 21 at 05:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.45

0.45

Met

Sep. 30 2024

0.43

0.44

Beat

Jun. 30 2024

0.43

0.45

Beat

Mar. 31 2024

0.43

0.43

Met

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