American Homes 4 Rent raises FY23 core FFO view to $1.62-$1.66, consensus $1.62

Prior guidance for core FFO attributable to common share and unit holders was $1.58-$1.64. 3c incremental core FFO per share “primarily related to increased Core NOI growth from both the Same-Home and Non-Same-Home portfolios driven by strong spring leasing results and continued demand trends into the third quarter as well as modestly favorable updates to Other income and expense, net, notably interest income on cash generated from our better than expected dispositions activity,” the company stated.