AI brief of an SEC Form 8-K · American Homes 4 Rent (AMH)

AMH Q1 2024 core FFO rose 5.8% to $0.43 per share; net income fell to $109.3 million

Mixed Impact 3 of 5 earnings Written later

American Homes 4 Rent (AMH) reported first-quarter 2024 results on May 2, 2024. Rents and other single-family property revenues rose 6.5% to $423.6 million, and core FFO per share rose to $0.43 from $0.41, but net income attributable to common shareholders fell to $109.3 million, or $0.30 per diluted share, from $117.5 million, or $0.32, a year earlier. The company left its full-year 2024 core FFO guidance of $1.70 to $1.76 unchanged.

Key points

  • Revenue: rents and other single-family property revenues up 6.5% to $423.6 million versus $397.7 million a year earlier.
  • Profit: net income attributable to common shareholders was $109.3 million ($0.30 per diluted share), down from $117.5 million ($0.32), mainly due to lower net gains on property sales.
  • Core FFO attributable to common share and unit holders was $0.43 per share, up from $0.41; Adjusted FFO was $0.40, up from $0.37.
  • 2024 core FFO guidance of $1.70 to $1.76 per share was unchanged; a conference call is set for May 3, 2024 at 12:00 p.m. Eastern Time.

The filing

CompanyAmerican Homes 4 Rent (AMH)
Form8-K, current report
Filed with the SECMay 2, 2024, 4:27 PM ET
Accession number0001562401-24-000048

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 02, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.