American Homes 4 Rent reports results for the quarter ended in March - Earnings Summary

American Homes 4 Rent

05/05/2023 20:01

* American Homes 4 Rent  AMH.N  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in March.
The mean expectation of eleven analysts for the quarter was
for earnings of 11 cents per share.
    * Revenue rose 11.7% to $397.70 million from a year ago;
analysts
expected $390.78 million. 
    * American Homes 4 Rent's reported EPS for the quarter was
32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * American Homes 4 Rent shares had risen by 6.8% this
quarter and
gained 11.4% so far this year.
    * The company reported quarterly net income of $117.47
million.
    * Wall Street's median 12-month price target for American
Homes 4
Rent is $35.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 11
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
5 at 07:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.39           0.41           Beat
 Dec. 31 2022      0.40           0.40           Met
 Sep. 30 2022      0.39           0.39           Met
 Jun. 30 2022      0.38           0.38           Met