Group 1: Financial Performance - American Homes 4 Rent (AMH) reported quarterly funds from operations (FFO) of 0.43 per share a year ago [1] - The company posted revenues of 408.66 million year-over-year [2] - Over the last four quarters, American Homes 4 Rent has surpassed consensus FFO estimates two times and revenue estimates four times [1][2] Group 2: Stock Performance and Outlook - American Homes 4 Rent shares have declined approximately 5.6% since the beginning of the year, contrasting with the S&P 500's gain of 4.5% [3] - The current consensus FFO estimate for the upcoming quarter is 451.73 million, and for the current fiscal year, it is 1.79 billion [7] - The estimate revisions trend for American Homes 4 Rent is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Group 3: Industry Context - The REIT and Equity Trust - Residential industry, to which American Homes 4 Rent belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in estimate revisions, which could impact investor sentiment [5]
American Homes 4 Rent (AMH) Meets Q4 FFO Estimates