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Mar 31, 2022
American Homes 4 Rent Q1 2022 Earnings Report
Reported a consistent quarter with double-digit Core FFO per share growth.
Key Takeaways
American Homes 4 Rent reported a strong first quarter in 2022, with rents and other single-family property revenues increasing by 13.9% year-over-year to $356.1 million and a Core FFO per share growth of nearly 19%.
Rents and other single-family property revenues increased 13.9% year-over-year to $356.1 million.
Net income attributable to common shareholders totaled $55.9 million, or $0.16 per diluted share.
Same-Home Average Occupied Days Percentage of 97.5% was achieved, with 12.3% rate growth on new leases.
452 newly constructed homes were delivered from the AMH Development program.
American Homes 4 Rent
American Homes 4 Rent
American Homes 4 Rent Revenue by Segment
Revenue by Segment
Single-family rental Revenue
CapyFin.com Forward Guidance
As the Company’s heaviest spring leasing season is still ahead, no changes have been made to previous Full Year 2022 guidance ranges.