AMH reports Q2 core adjusted FFO 42c , consensus 46c

Reports Q2 revenue $457.5M, consensus $449.81M. “Our Q2 quarter results reflect another successful spring leasing season. Superior performance across all areas of the AMH (AMH) platform drove a three cent increase to our full year Core FFO per share guidance to $1.86 at the midpoint, representing 5.1% growth over the prior year,” stated CEO Bryan Smith. “Our industry-leading team has done an outstanding job of executing the AMH strategy. With our focus on operational excellence, portfolio optimization and disciplined balance sheet management, we will continue to differentiate ourselves and deliver long-term shareholder value.”