American Homes 4 Rent (AMH) Reports In-Line Q1 EPS

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Go back to American Homes 4 Rent (AMH) Reports In-Line Q1 EPS

American Homes 4 Rent Reports First Quarter 2015 Financial and Operating Results

May 7, 2015 5:03 PM EDT

AGOURA HILLS, Calif., May 7, 2015 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH), a leading provider of high quality single-family homes for rent, today announced its financial and operating results for the quarter ended March 31, 2015.

Highlights

Core Funds from Operations ("Core FFO") (as defined) for the first quarter of 2015 were $41.9 million, or $0.16 per FFO share, which represents a 33.3% increase per FFO share, compared to $28.1 million, or $0.12 per FFO share, for the same period in 2014. Net Operating Income from leased properties ("NOI") for the quarter ended March 31, 2015, was $76.5 million, a 60.1%... More