American Homes 4 Rent reports results for the quarter ended in September 30 - Earnings Summary
American Homes 4 Rent AMH.N reported quarterly adjusted earnings of 20 cents per share for the quarter ended September 30, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 9 cents to 20 cents per share.
Revenue rose 5.5% to $445.06 million from a year ago; analysts expected $439.09 million.
American Homes 4 Rent's reported EPS for the quarter was 20 cents.
The company reported quarterly net income of $73.82 million.
American Homes 4 Rent shares had fallen by 0.4% this quarter and gained 6.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 0.1% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 8 "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 $41.50
This summary was machine generated from LSEG data October 30 at 03:13 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 |
Sep. 30 2024 | 0.43 | 0.44 | Beat |
Jun. 30 2024 | 0.43 | 0.45 | Beat |
Mar. 31 2024 | 0.43 | 0.43 | Met |
Dec. 31 2023 | 0.42 | 0.43 | Beat |
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