NYSE$AMH
American Homes 4 Rent · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
American Homes 4 Rent reported strong Q2 2022 financial results, marked by increased revenues, net income, and Core FFO, driven by portfolio growth and higher rental rates.
American Homes 4 Rent reported a 15.4% increase in rents and other single-family property revenues, reaching $361.9 million. Net income attributable to common shareholders was $56.6 million, or $0.16 per diluted share. Core FFO increased by 16.0% year-over-year to $0.38 per FFO share and unit. The company delivered 529 newly constructed homes and upgraded its corporate credit rating to BBB by S&P Global Ratings.
- Rents and other single-family property revenues increased 15.4% year-over-year to $361.9 million.
- Net income attributable to common shareholders totaled $56.6 million, or $0.16 per diluted share.
- Core FFO attributable to common share and unit holders increased 16.0% year-over-year to $0.38 per FFO share and unit.
- Delivered 529 newly constructed homes from the AMH Development program.
Headline financials
Revenue & EPS history
American Homes 4 Rent · Revenue · Quarterly
$362M
Revenue by segment
American Homes 4 Rent · $362M total across 1 segment · Q2 2022
- Single-family property revenues$362M+15.4%100.0%
Forward guidance
The company updated its full year 2022 guidance for Core FFO attributable to common share and unit holders to $1.54 - $1.58 and Same-Home Core NOI growth to 9.25% - 10.75%.
Tailwinds
- $0.01 incremental Core FFO per share contribution from increased Same-Home core revenues and NOI growth driven by full year leasing performance slightly ahead of prior expectations.
Headwinds
- ($0.01) of Core FFO per share offset from our strategically reduced 2022 investment and capital plan.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.3%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+1.1%
Avg return
30 days after
53%
27 / 51 earnings
Positive
+7.6%
Q3 2023
Best reaction
-5.3%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -2.7% | +2.5% | |
| Q4 2025 | -4.2% | -3.4% | -11.3% | |
| Q3 2025 | +0.8% | +1.0% | +0.8% | |
| Q1 2025 | +3.6% | +2.4% | -0.1% | |
| Q4 2024 | -1.6% | -2.5% | +1.9% | |
| Q3 2024 | -4.0% | -8.4% | +1.0% | |
| Q2 2024 | +4.6% | +5.5% | +10.2% | |
| Q1 2024 | -0.5% | +1.5% | +0.3% | |
| Q4 2023 | +1.5% | +4.1% | +4.6% | |
| Q3 2023 | +7.6% | +5.3% | +12.3% | |
| Q2 2023 | +0.8% | +1.6% | -3.8% | |
| Q1 2023 | +5.4% | +5.9% | +4.9% | |
| Q4 2022 | -4.0% | -5.6% | -9.2% | |
| Q3 2022 | -2.9% | -4.9% | +4.3% | |
| Q2 2022 | -0.0% | +0.4% | -5.5% | |
| Q1 2022 | -2.3% | -6.8% | -2.3% | |
| Q4 2021 | +3.9% | +0.8% | +4.9% | |
| Q3 2021 | -2.8% | -1.7% | -0.4% | |
| Q2 2021 | +0.6% | -2.1% | +1.8% | |
| Q1 2021 | +2.9% | +2.1% | +5.9% | |
| Q4 2020 | -1.8% | -4.1% | +7.0% | |
| Q3 2020 | +3.9% | -1.4% | +0.4% | |
| Q2 2020 | +0.6% | -3.1% | -1.4% | |
| Q1 2020 | +3.6% | -0.7% | +13.4% | |
| Q4 2019 | -4.6% | +2.7% | -14.8% | |
| Q3 2019 | -0.6% | -0.7% | +1.9% | |
| Q2 2019 | -0.6% | -3.0% | +2.1% | |
| Q1 2019 | +1.7% | -0.9% | +2.2% | |
| Q4 2018 | -3.5% | -3.4% | -0.4% | |
| Q3 2018 | -5.3% | -5.6% | -1.1% | |
| Q2 2018 | +1.1% | +0.9% | +3.8% | |
| Q1 2018 | +1.3% | +1.7% | -0.3% | |
| Q4 2017 | +1.0% | +1.1% | -0.2% | |
| Q3 2017 | -0.2% | +2.1% | +0.5% | |
| Q2 2017 | -1.1% | -2.5% | -2.2% | |
| Q1 2017 | -2.9% | -3.1% | +1.1% | |
| Q4 2016 | +2.0% | +2.5% | +0.8% | |
| Q3 2016 | +5.2% | +5.1% | +3.0% | |
| Q2 2016 | +4.4% | +5.2% | +3.8% | |
| Q1 2016 | +5.9% | — | — | |
| Q4 2015 | +4.6% | — | — | |
| Q3 2015 | -3.6% | — | — | |
| Q2 2015 | -4.5% | — | — | |
| Q1 2015 | +1.8% | — | — | |
| Q4 2014 | +0.9% | — | — | |
| Q3 2014 | -2.5% | — | — | |
| Q2 2014 | -0.7% | — | — | |
| Q1 2014 | +1.5% | — | — | |
| Q4 2013 | -1.5% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | -1.4% | — | — | |
| Q1 2013 | — | — | — | |
| Q4 2012 | — | — | — | |
| Q3 2012 | — | — | — | |
| Q2 2012 | — | — | — | |
| Q1 2012 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro