Fourth-Quarter Earnings Report for American Homes 4 Rent (AMH)
Las Vegas, Nevada - American Homes 4 Rent (AMH) announced its fourth-quarter financial results on Thursday, meeting Wall Street expectations.
Key Metrics
* Funds from operations (FFO): $191.7 million or $0.45 per share, matching analysts' estimates
* Net income: $123.2 million or $0.33 per share
* Revenue: $436.6 million, exceeding forecasts of $432.7 million
Annual Performance
For the full year, AMH reported:
* FFO: $743.6 million or $1.77 per share
* Revenue: $1.73 billion
Stock Performance
Despite a 5% decline year-to-date, AMH shares have gained approximately 4% over the past 12 months. In Thursday's trading, the stock closed at $35.71.
Analyst Coverage
Analysts at Zacks Investment Research provide a stock report on AMH at: https://www.zacks.com/ap/AMH