American Homes 4 Rent Reports First Quarter 2021 Financial and Operating Results
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American Homes 4 Rent (AMH) Tops Q1 EPS by 3c, Revenues Beat
May 6, 2021 4:37 PM EDTAmerican Homes 4 Rent (NYSE: AMH) reported Q1 EPS of $0.09, $0.03 better than the analyst estimate of $0.06. Revenue for the quarter came in at $312.57 million versus the consensus estimate of $308.86 million.
Highlights
Rents and other single-family property revenues increased 8.8% to $312.6 million for the first quarter of 2021 from $287.3 million for the first quarter of 2020.Net income attributable to common shareholders totaled $30.2 million, or $0.09 per diluted share, for the first quarter of 2021, compared to $20.2 million, or $0.07 per diluted share, for the first quarter of 2020.Core Funds from Operations ("Core FFO") attributable to... More