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Insights Into American Homes 4 Rent (AMH) Q2: Wall Street Projections for Key Metrics
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The upcoming report from American Homes 4 Rent (AMH - Free Report) is expected to reveal quarterly earnings of $0.43 per share, indicating an increase of 4.9% compared to the year-ago period. Analysts forecast revenues of $412.18 million, representing an increase of 4.2% year over year.
The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific American Homes 4 Rent metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenues- Same-Home core revenues' will reach $337.56 million. The estimate points to a change of +12.1% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenues- Tenant charge-backs' will likely reach $47.57 million. The estimate indicates a change of +3.8% from the prior-year quarter.
Analysts forecast 'Revenues- Core revenues' to reach $371.27 million. The estimate points to a change of +6.2% from the year-ago quarter.
It is projected by analysts that the 'Revenues- Non-Same-Home core revenues' will reach $33.34 million. The estimate indicates a year-over-year change of -31.5%.
The consensus among analysts is that 'Depreciation and amortization' will reach $121.04 million. The estimate is in contrast to the year-ago figure of $113.20 million.
Over the past month, American Homes 4 Rent shares have recorded returns of -3.2% versus the Zacks S&P 500 composite's -0.4% change. Based on its Zacks Rank #3 (Hold), AMH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Insights Into American Homes 4 Rent (AMH) Q2: Wall Street Projections for Key Metrics
The upcoming report from American Homes 4 Rent (AMH - Free Report) is expected to reveal quarterly earnings of $0.43 per share, indicating an increase of 4.9% compared to the year-ago period. Analysts forecast revenues of $412.18 million, representing an increase of 4.2% year over year.
The current level reflects a downward revision of 0.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific American Homes 4 Rent metrics that are commonly monitored and projected by Wall Street analysts.
Analysts predict that the 'Revenues- Same-Home core revenues' will reach $337.56 million. The estimate points to a change of +12.1% from the year-ago quarter.
The combined assessment of analysts suggests that 'Revenues- Tenant charge-backs' will likely reach $47.57 million. The estimate indicates a change of +3.8% from the prior-year quarter.
Analysts forecast 'Revenues- Core revenues' to reach $371.27 million. The estimate points to a change of +6.2% from the year-ago quarter.
It is projected by analysts that the 'Revenues- Non-Same-Home core revenues' will reach $33.34 million. The estimate indicates a year-over-year change of -31.5%.
The consensus among analysts is that 'Depreciation and amortization' will reach $121.04 million. The estimate is in contrast to the year-ago figure of $113.20 million.
View all Key Company Metrics for American Homes 4 Rent here>>>
Over the past month, American Homes 4 Rent shares have recorded returns of -3.2% versus the Zacks S&P 500 composite's -0.4% change. Based on its Zacks Rank #3 (Hold), AMH will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>