American Homes 4 Rent Q2 2024 FFO $0.45 Beats $0.43 Estimate, Sales $423.494M Beat $418.186M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Homes 4 Rent (NYSE:AMH) reported Q2 2024 earnings per share of $0.45, beating the analyst estimate of $0.43. The company also reported sales of $423.494 million, surpassing the estimate of $418.186 million. Both earnings and sales showed significant year-over-year growth.
August 01, 2024 | 8:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
American Homes 4 Rent (NYSE:AMH) reported Q2 2024 earnings per share of $0.45, beating the analyst estimate of $0.43. The company also reported sales of $423.494 million, surpassing the estimate of $418.186 million. Both earnings and sales showed significant year-over-year growth.
The company exceeded both earnings and sales estimates, which is likely to positively impact the stock price in the short term. The year-over-year growth further strengthens the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100