AMH Expects 2024 Core FFO Per Share Of $1.70-$1.76, Est $1.75
Portfolio Pulse from Benzinga Newsdesk
AMH projects its 2024 Core FFO (Funds From Operations) per share to be in the range of $1.70 to $1.76, aligning closely with the estimated $1.75.

February 22, 2024 | 10:01 pm
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AMH anticipates its 2024 Core FFO per share to range between $1.70 and $1.76, which is in line with the analysts' consensus of $1.75.
AMH's projection of its 2024 Core FFO per share falls within a tight range that closely matches the market's expectations, as indicated by the estimated $1.75. This alignment suggests that AMH is performing in line with market forecasts, which could stabilize its stock price in the short term. However, since the forecast is closely aligned with expectations, it may not significantly move the stock price either way, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100