American Homes 4 Rent Reports First Quarter 2020 Financial and Operating Results

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American Homes 4 Rent (AMH) Tops Q1 EPS by 1c

May 7, 2020 5:03 PM EDT

American Homes 4 Rent (NYSE: AMH) reported Q1 EPS of $0.07, $0.01 better than the analyst estimate of $0.06. Revenue for the quarter came in at $289.5 million versus the consensus estimate of $290.59 million.

Total revenues increased 3.7% to $289.6 million for the first quarter of 2020 from $279.2 million for the first quarter of 2019.Net income attributable to common shareholders totaled $20.2 million, or $0.07 per diluted share, for the first quarter of 2020, compared to $16.3 million, or $0.05 per diluted share, for the first quarter of 2019.Core Funds from Operations ("Core FFO") attributable to common share and unit holders for... More