American Homes 4 Rent Reports Q2 Adj FFO In Line

(RTTNews) - American Homes 4 Rent (AMH) reported a net loss for the second quarter of $12.3 million or $0.07 per share, compared to a net loss of $14.0 million or $0.15 per share for the year-ago quarter.

Funds from operations for the second quarter of 2014 were $28.7 million or $0.12 per share. Excluding items, core funds from operations for the latest quarter were $35.3 million or $0.15 per share.

Total revenue for the second quarter rose to $94.30 million from $18.12 million a year ago.

Analysts polled by Thomson Reuters expected the company to report FFO of $0.15 per share on revenue of $93.18 million for the second quarter. Analysts' estimates typically exclude special items.