American Homes 4 Rent (AMH - Free Report) reported $421.7 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 7.7%. EPS of $0.41 for the same period compares to $0.14 a year ago.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $403.75 million. With the consensus EPS estimate being $0.41, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how American Homes 4 Rent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Same-Home core revenues: $302.30 million versus the three-analyst average estimate of $305.62 million. The reported number represents a year-over-year change of +11.3%.
- Revenues- Tenant charge-backs: $65.84 million versus $61.96 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.2% change.
- Revenues- Core revenues: $355.86 million compared to the $352.55 million average estimate based on three analysts. The reported number represents a change of +8% year over year.
- Revenues- Non-Same-Home core revenues: $53.56 million compared to the $46.28 million average estimate based on three analysts. The reported number represents a change of -7.8% year over year.
- Net Earnings Per Share (Diluted): $0.20 versus $0.11 estimated by five analysts on average.
View all Key Company Metrics for American Homes 4 Rent here>>>Shares of American Homes 4 Rent have returned -1.6% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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American Homes 4 Rent (AMH - Free Report) reported $421.7 million in revenue for the quarter ended September 2023, representing a year-over-year increase of 7.7%. EPS of $0.41 for the same period compares to $0.14 a year ago.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $403.75 million. With the consensus EPS estimate being $0.41, the company has not delivered EPS surprise.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how American Homes 4 Rent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Same-Home core revenues: $302.30 million versus the three-analyst average estimate of $305.62 million. The reported number represents a year-over-year change of +11.3%.
- Revenues- Tenant charge-backs: $65.84 million versus $61.96 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.2% change.
- Revenues- Core revenues: $355.86 million compared to the $352.55 million average estimate based on three analysts. The reported number represents a change of +8% year over year.
- Revenues- Non-Same-Home core revenues: $53.56 million compared to the $46.28 million average estimate based on three analysts. The reported number represents a change of -7.8% year over year.
- Net Earnings Per Share (Diluted): $0.20 versus $0.11 estimated by five analysts on average.
View all Key Company Metrics for American Homes 4 Rent here>>>Shares of American Homes 4 Rent have returned -1.6% over the past month versus the Zacks S&P 500 composite's -1.1% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
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