2023-07-27 16:40:40 ET
- American Homes 4 Rent press release ( NYSE: AMH ): Q2 FFO of $0.41 beats by $0.01 .
- Revenue of $395.55M (+9.3% Y/Y) beats by $0.62M .
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Raises Full Year 2023 Core FFO per Share and Unit Guidance
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Raised Full Year 2023 Core FFO attributable to common share and unit holders guidance midpoint by $0.03 per share and unit to $1.64, representing anticipated full year growth of 6.5% over prior year.
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- Core Net Operating Income ("Core NOI") from Same-Home properties increased by 4.8% year-over-year for the second quarter of 2023.
- Achieved Same-Home Average Occupied Days Percentage of 97.0% in the second quarter of 2023, while generating 9.4% rate growth on new leases.
For further details see:
American Homes 4 Rent FFO of $0.41 beats by $0.01, revenue of $395.55M beats by $0.62M