Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

More on American Homes 4 Rent's inline Q3

Published 11/02/2017, 05:14 PM
© Reuters.  More on American Homes 4 Rent's inline Q3
AMH
-
  • Q3 core FFO of $79.4M or $0.25 per share vs. $69.1M and $0.24 a year ago. AFFO of $0.20 per share vs. $0.19.
  • Core NOI margin on same-home properties of 63.3% up 160 basis points Y/Y. Core NOI after capex for same-home properties up 5.5%.
  • Same-home portfolio leasing percentage flat at 95.2%.
  • Rental rate growth of 4.9% on new leases, 3.9% on renewal leases.
  • Portfolio of 46,026 leased properties down 63 properties during quarter.
  • Hurricane-related net charges amounted to $10.1M was excluded from CFFO and AFFO, and same-home operating results.
  • Conference call tomorrow at 11 ET
  • Previously: American Homes 4 Rent FFO in-line, misses on revenue (Nov. 2)
  • AMH flat after hours
  • Now read: American Homes 4 Rent: Participating Preferred Recap


Original article

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.