American Homes 4 Rent reports Q3 core FFO 41c, consensus 41c

Reports Q3 revenue $421.7M, consensus $403.75M. “Our solid third quarter operating results reflect both the resilient fundamentals of single-family rentals and the power of the AMH platform. Our teams have done a great job executing this year, leading to another increase this quarter in our full year Core FFO per share guidance,” said David P. Singelyn, AMH’s Chief Executive Officer. “While the U.S. economy continues to face a number of challenges and uncertainties, AMH remains well-positioned for a strong close to 2023 thanks to our diversified portfolio footprint, superior operating platform, one-of-a-kind integrated development program and flexible investment grade balance sheet.”