American Homes 4 Rent (AMH) Tops Q4 EPS by 2c, Revenues Miss

February 27, 2020 5:03 PM EST

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American Homes 4 Rent (NYSE: AMH) reported Q4 EPS of $0.08, $0.02 better than the analyst estimate of $0.06. Revenue for the quarter came in at $284.01 million versus the consensus estimate of $287.07 million.

"American Homes 4 Rent had a strong finish to 2019, driving nearly 7.0% growth in full year Core FFO per share and unit," stated David Singelyn, American Homes 4 Rent's Chief Executive Officer. "As we look ahead to 2020, we believe we are extremely well positioned, having made considerable investments in our one-of-a-kind development program, as well as continued refinements to our leasing, property management and maintenance systems, all of which is underpinned by our best-in-class balance sheet. We expect these competitive advantages will allow us to continue to create outsized shareholder value as we take advantage of our vast market opportunity to scale and grow AMH over the long term."

For earnings history and earnings-related data on American Homes 4 Rent (AMH) click here.

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