In its upcoming report, American Homes 4 Rent (AMH - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.42 per share, reflecting an increase of 5% compared to the same period last year. Revenues are forecasted to be $401.97 million, representing a year-over-year increase of 5.5%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific American Homes 4 Rent metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenues- Core revenues' will reach $358.89 million. The estimate suggests a change of +6.9% year over year.
The combined assessment of analysts suggests that 'Revenues- Tenant charge-backs' will likely reach $48.95 million. The estimate suggests a change of +8.3% year over year.
It is projected by analysts that the 'Revenues- Non-Same-Home core revenues' will reach $52.29 million. The estimate suggests a change of -16.8% year over year.
Based on the collective assessment of analysts, 'Revenues- Same-Home core revenues' should arrive at $306.39 million. The estimate suggests a change of +12.3% year over year.
According to the collective judgment of analysts, 'Depreciation and amortization' should come in at $118.99 million. Compared to the present estimate, the company reported $112.84 million in the same quarter last year.
View all Key Company Metrics for American Homes 4 Rent here>>>
Shares of American Homes 4 Rent have experienced a change of -3.3% in the past month compared to the +5.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AMH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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.
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In its upcoming report, American Homes 4 Rent (AMH - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.42 per share, reflecting an increase of 5% compared to the same period last year. Revenues are forecasted to be $401.97 million, representing a year-over-year increase of 5.5%.
The consensus EPS estimate for the quarter has undergone an upward revision of 0.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific American Homes 4 Rent metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenues- Core revenues' will reach $358.89 million. The estimate suggests a change of +6.9% year over year.
The combined assessment of analysts suggests that 'Revenues- Tenant charge-backs' will likely reach $48.95 million. The estimate suggests a change of +8.3% year over year.
It is projected by analysts that the 'Revenues- Non-Same-Home core revenues' will reach $52.29 million. The estimate suggests a change of -16.8% year over year.
Based on the collective assessment of analysts, 'Revenues- Same-Home core revenues' should arrive at $306.39 million. The estimate suggests a change of +12.3% year over year.
According to the collective judgment of analysts, 'Depreciation and amortization' should come in at $118.99 million. Compared to the present estimate, the company reported $112.84 million in the same quarter last year.
View all Key Company Metrics for American Homes 4 Rent here>>>
Shares of American Homes 4 Rent have experienced a change of -3.3% in the past month compared to the +5.2% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), AMH is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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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