Armada Hoffler Properties (NYSE:AHH) Third Quarter 2022 Results

Key Financial Results

• Revenue: US$122.8m (up 83% from 3Q 2021).

• Funds from operations (FFO): US$22.7m (up 3.8% from 3Q 2021).

• FFO margin: 19% (down from 33% in 3Q 2021).

• FFO per share: US$0.3.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Armada Hoffler Properties EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates significantly.

Looking ahead, revenue is expected to decline by 9.2% p.a. on average during the next 3 years, while revenues in the REITs industry in the US are expected to grow by 6.8%.

Performance of the American REITs industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 5 warning signs for Armada Hoffler Properties (2 are significant!) that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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