earnings
confidence high
sentiment positive
materiality 0.70
AMH Q3 net income $99.7M, revenue up 7.5%; raises FY2025 Core FFO guidance
American Homes 4 Rent
2025-Q3 EPS reported
$0.85
- Q3 net income $99.7M ($0.27 diluted) vs $73.8M ($0.20) a year ago.
- Revenue rose 7.5% to $478.5M; Core FFO per share $0.47 (+6.2% YoY).
- Same-Home Core NOI grew 4.6% YoY; blended rate growth 3.6% (renewals +4.0%).
- Paid off final $426.1M securitization; fully unencumbered balance sheet; debt $4.9B at 4.5% rate.
- Raised FY2025 Core FFO guidance midpoint to $1.87 (range $1.86-$1.88); delivered 651 homes in Q3.