American Homes 4 Rent reports results for the quarter ended December 31 - Earnings Summary
21/02/2025 05:02
* 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