Core Insights - American Homes 4 Rent (AMH) reported quarterly funds from operations (FFO) of $0.45 per share, exceeding the Zacks Consensus Estimate of $0.43 per share, and up from $0.41 per share a year ago, indicating a 9.76% year-over-year increase [1] - The company achieved revenues of $423.49 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 2.74% and up from $395.55 million in the same quarter last year, reflecting a 7.4% increase [1] - Over the last four quarters, American Homes 4 Rent has surpassed consensus FFO estimates two times and revenue estimates four times [1] Future Outlook - The sustainability of the stock's price movement will largely depend on management's commentary during the earnings call and future FFO expectations [2] - Current consensus FFO estimate for the upcoming quarter is $0.43 on revenues of $434.13 million, while for the current fiscal year, the estimate is $1.74 on revenues of $1.7 billion [4] - The estimate revisions trend for American Homes 4 Rent is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [4] Industry Context - The REIT and Equity Trust - Residential industry is currently ranked in the top 20% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [5] - BRT Realty, another company in the same industry, is expected to report quarterly earnings of $0.37 per share, with revenues projected at $23.45 million, reflecting a 0.6% increase from the year-ago quarter [6]

Exhibit 99.2 | --- | --- | --- | |----------------------------------|-------|-------| | | | | | | | | | Earnings Release and | | | | | | | | Supplemental Information Package | | | | | | | | | | | | Second Quarter 2024 | | | | | | | | | | | | | | | | | | amh1 | AMH Table of Contents Summary Earnings Press Release 3 Select Non-GAAP Reconciliations – Core Net Operating Income 8 Fact Sheet 10 Financial Information Condensed Consolidated Statements of Operations 11 Funds from Operations 12 Core Net Operating Inc ...

Core Insights - American Homes 4 Rent (AMH) is expected to report quarterly earnings of $0.43 per share, reflecting a 4.9% increase year-over-year [1] - Analysts forecast revenues of $412.18 million, indicating a 4.2% year-over-year growth [1] - There has been a slight downward revision of 0.1% in the consensus EPS estimate over the past 30 days, suggesting a reappraisal by analysts [1] Revenue Estimates - 'Revenues- Same-Home core revenues' are projected to reach $337.56 million, representing a 12.1% increase from the previous year [2] - 'Revenues- Tenant charge-backs' are expected to be $47.57 million, indicating a 3.8% increase year-over-year [2] - 'Revenues- Core revenues' are forecasted to be $371.27 million, reflecting a 6.2% increase from the year-ago quarter [2] Additional Metrics - 'Revenues- Non-Same-Home core revenues' are projected at $33.34 million, showing a significant decline of 31.5% year-over-year [3] - 'Depreciation and amortization' is expected to reach $121.04 million, up from $113.20 million in the previous year [3] Stock Performance - Over the past month, AMH shares have recorded a return of -3.2%, compared to a -0.4% change in the Zacks S&P 500 composite [3] - AMH holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [3]

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wildpixel/iStock via Getty Images Did I miss anything while I was hiking? That's a joke, of course. The peace, tranquility, and quiet of the cool mountain air I've enjoyed over the last few weeks contrasts sharply with the chaos happening in the rest of the world. As investors, there are aspects of this chaos that need to be addressed. Anytime I discuss the economic effects of government policy (or proposed policy changes), some readers comment that I should steer clear of "politics." But to write about ...

Company Once Again Recognized as 39th Largest National Homebuilder on 2024 Builder 100 ListLAS VEGAS, July 10, 2024  /PRNewswire/ -- AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, announces its 10,000th new home delivery and recognition by Builder Magazine as the 39th largest homebuilder in the United States on its 2024 Builder 100 List. This milestone reaffirms the company's commitment to creating new attainable housing at scale at a time of c ...

LAS VEGAS, July 8, 2024 /PRNewswire/ -- AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that the Company will release its second quarter 2024 financial and operating results on Thursday, August 1, 2024, after the market closes. The Company will host a conference call on Friday, August 2, 2024, at 12:00 p.m. Eastern Time to review second quarter results, discuss recent events, and conduct a question-and-answer period.Live conferen ...

4kodiak Real Estate Weekly Outlook U.S. equity markets climbed to fresh record-highs this week while benchmark interest rates hovered near two-month lows as the "bad news is good news" dynamic persisted, with investors responding favorably to another relatively downbeat slate of economic data, including soft retail sales, slowing home construction activity, and a rise in unemployment claims, which together sent the Citi Economic Surprise Index to the lowest since August 2022. Hoya Capital Posting its ei ...

LAS VEGAS, June 18, 2024 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company") today announced that its operating partnership, American Homes 4 Rent, L.P. (the "Operating Partnership"), has priced an offering of $500 million aggregate principal amount of 5.500% Senior Notes due 2034 (the "Notes"). The Notes will be issued at 99.455% of par value with a coupon of 5.500% per annum. Interest on the Notes is payable semi-annually in arrears on January 15 and July 15 of each year, commencing January ...

LAS VEGAS, May 29, 2024 /PRNewswire/ -- AMH (NYSE: AMH), a leading large-scale integrated owner, operator and developer of single-family rental homes, today announced that members of the Company's management team will participate in a roundtable discussion during Nareit's REITweek 2024 Investor Conference on Wednesday, June 5, 2024 at 1:15 p.m. Eastern Time.A live audio webcast of the presentation will be available on the Company's website at www.amh.com under the "Investor Relations" tab. A replay of the w ...