secwatch.observer — SEC 8-K summary
======================================

Issuer:     American Homes 4 Rent (AMH)
CIK:        0001562401
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001562401-22-000112
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Homes 4 Rent Q3 net income rises to $50.7M; cuts FY Core FFO guidance on Texas property taxes
--------------------------------------------------------------------------------

- Q3 revenue up 15.3% to $391.6M; net income $50.7M ($0.14/diluted share) vs $36.9M ($0.11) year ago.
- Core FFO per share/unit $0.39, up 11.6% YoY; Adjusted FFO $0.33, up 9.8%.
- Same-Home Core NOI growth 9.3% to $175.2M; occupied days 97.1%, new lease rate growth 12.5%.
- Hurricane Ian net charge $6.1M excluded from Core FFO; Texas property tax growth >20% drives guidance revision.
- FY 2022 Core FFO guidance narrowed to $1.52-$1.56 from $1.54-$1.58; Same-Home Core NOI growth lowered to 8.25%-9.75%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562401/000156240122000112/0001562401-22-000112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562401/000156240122000112/amh-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001562401-22-000112

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer