05:01 PM EDT, 08/01/2024 (MT Newswires) -- American Homes 4 Rent ( AMH ) reported Q2 adjusted funds from operations late Thursday of $0.39 per diluted share, up from $0.36 a year earlier.

Analysts polled by Capital IQ expected $0.37.

Rents and other single-family property revenue in the quarter ended June 30 rose to $423.5 million from $395.5 million a year earlier.

Analysts surveyed by Capital IQ expected revenue of $420.9 million.

The company raised its 2024 core FFO guidance to $1.74 to $1.78 a share from $1.70 to $1.76. Analysts in a Capital IQ survey expect FFO of $1.74 and adjusted FFO of $1.54.