The company's earnings call demonstrated strong operational performance with increased guidance, solid leasing and revenue growth, and effective debt management. However, the acquisition environment remains challenging, limiting potential growth through acquisitions.

Company Guidance -

Q3 2025

During the AMH Second Quarter 2025 Earnings Conference Call, the company provided updated guidance metrics and insights into their operational strategy. AMH increased its full-year Core FFO per share guidance by $0.03 to $1.86 at the midpoint, representing a 5.1% growth, placing them at the top of the residential sector. Key performance metrics for the second quarter included a Same-Home average occupied days of 96.3% and new, renewal, and blended rental rate spreads of 4.1%, 4.4%, and 4.3%, respectively. Same-Home core revenue growth was 3.9% for the quarter, bolstered by better-than-expected collections. On the expense side, Core operating expense growth was 3.6%, leading to Same-Home Core NOI growth of 4.1%. The company expects a flatter seasonal curve in the latter half of 2025 compared to 2024, with blended spreads remaining in the high 3% area. AMH's development program delivered 636 homes in the second quarter, and they sold 370 properties for approximately $120 million. The balance sheet remains strong, with a net debt to adjusted EBITDA ratio of 5.2x and $323 million in cash available. The company also raised $650 million in a 5-year bond offering at a 4.95% coupon rate.

Increased Core FFO Guidance

The company increased its full year Core FFO per share guidance by $0.03 to $1.86 at the midpoint, representing 5.1% growth.

Strong Leasing and Revenue Growth

Foot traffic was up more than 5% year-over-year, driving solid leasing and rate growth. Same-Home average occupied days were 96.3%, and new renewal and blended rental rate spreads were 4.1%, 4.4%, and 4.3%, respectively.

Positive Property Tax Developments

The state of Texas passed a new round of property tax relief that lowers property tax rates for 2025 and 2026, positively impacting the company's outlook.

AMH Development Program on Track

Delivered 636 homes to wholly owned and joint venture portfolios, demonstrating the company's ability to create value in a challenging acquisition environment.

Strong Balance Sheet

Net debt to adjusted EBITDA was down to 5.2x, with a $1.25 billion revolving credit facility fully undrawn and $323 million of cash available.

American Homes (AMH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AMH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	0.18 / -	0.2	―	―	―
Jul 31, 2025	2025 (Q2)	0.17 / 0.28	0.25	12.00% (+0.03)	―
May 01, 2025	2025 (Q1)	0.15 / 0.30	0.3	0.00% (0.00)	―
Feb 20, 2025	2024 (Q4)	0.16 / 0.33	0.21	57.14% (+0.12)	―
Oct 29, 2024	2024 (Q3)	0.14 / 0.20	0.2	0.00% (0.00)	―
Aug 01, 2024	2024 (Q2)	0.14 / 0.25	0.27	-7.41% (-0.02)	―
May 02, 2024	2024 (Q1)	0.15 / 0.30	0.32	-6.25% (-0.02)	―
Feb 22, 2024	2023 (Q4)	0.14 / 0.21	0.25	-16.00% (-0.04)	―
Nov 02, 2023	2023 (Q3)	0.12 / 0.20	0.14	42.86% (+0.06)	―
Jul 27, 2023	2023 (Q2)	0.11 / 0.27	0.16	68.75% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

AMH Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$34.69	$35.19	+1.44%
May 01, 2025	$37.58	$38.99	+3.75%
Feb 20, 2025	$35.11	$34.55	-1.59%
Oct 29, 2024	$36.91	$35.84	-2.90%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does American Homes (AMH) report earnings?

American Homes (AMH) is schdueled to report earning on Oct 30, 2025, After Close (Confirmed).

What is American Homes (AMH) earnings time?

American Homes (AMH) earnings time is at Oct 30, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is AMH EPS forecast?

AMH EPS forecast for the fiscal quarter 2025 (Q3) is 0.18.

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