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American Homes 4 Rent reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 423.56 million compared to USD 397.7 million a year ago. Net income was USD 112.78 million compared to USD 120.95 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.33 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to USD 0.32 a year ago.
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Revenue | 423.56 | 408.66 | 421.7 | 395.55 |
Gross Profit | 232.9 | 230.49 | 220.47 | 218.15 |
Operating Income | 95.29 | 96.23 | 87.27 | 85.02 |
Net Income | 112.78 | 80.1 | 77.6 | 101.52 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Total Assets | 12761.09 | 12688.19 | 12559.38 | 12522.44 |
Total Liabilities | 5056.36 | 5035.31 | 5008.84 | 4972.19 |
Total Equity | 7704.73 | 7652.88 | 7550.54 | 7550.24 |
Period Ending: | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | 115.32 | 207.7 | 215.21 | |
Cash From Investing Activities | -227.26 | -227.49 | -164.91 | |
Cash From Financing Activities | 91.16 | -99.33 | -97.34 | |
Net Change in Cash | -20.79 | -119.12 | -47.04 |
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