American Homes 4 Rent Sees Updates FY23 Guidance Sees $0.01 Incremental Core FFO/Share Primarily Related To Increased Core NOI Growth From Same-Home And Non-Same-Home Portfolios
Portfolio Pulse from Benzinga Newsdesk
American Homes 4 Rent has updated its FY23 guidance, expecting an incremental Core FFO/Share of $0.01. This is primarily due to increased Core NOI growth from both same-home and non-same-home portfolios.
November 02, 2023 | 9:32 pm
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American Homes 4 Rent's updated FY23 guidance indicates an expected increase in Core FFO/Share, primarily due to growth in same-home and non-same-home portfolios.
The updated FY23 guidance from American Homes 4 Rent indicates a positive outlook for the company's financial performance. The expected increase in Core FFO/Share is a positive signal for investors, which could potentially lead to an increase in the company's stock price in the short term.
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