American Homes 4 Rent (AMH) Q2 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.338 Greetings and welcome to the AMH second quarter 2025 earnings conference 00:00:05.338 -- 00:00:09.723 call. At this time, all participants are in a listen-only mode. 00:00:09.723 -- 00:00:13.048 A question and answer session will follow the formal presentation. 00:00:13.048 -- 00:00:18.394 If you require operator assistance during the conference, please press star zero 00:00:18.394 -- 00:00:22.780 on your telephone keypad. As a reminder, this conference is being recorded. 00:00:22.780 -- 00:00:25.163 It is now my 00:00:25.163 -- 00:00:30.254 pleasure to introduce you to your host, Nicholas Frum, Director of Investor Relations. 00:00:30.254 -- 00:00:31.996 Thank you, Nick. You may begin. 00:00:31.996 -- 00:00:36.563 Good morning, and thank you for joining us for our second quarter 2025 earnings conference 00:00:36.563 -- 00:00:41.750 call. With me today are Brian Smith, Chief Executive Officer, and Chris Lau, Chief Financial 00:00:41.750 -- 00:00:46.416 Officer. Please be advised that this call may include forward-looking statements. 00:00:46.416 -- 00:00:50.302 All statements other than statements of historical fact included in this conference call 00:00:50.302 -- 00:00:54.347 are forward-looking statements that are subject to a number of risks and uncertainties 00:00:54.347 -- 00:00:59.195 that could cause actual results to differ materially from those projected in these statements. 00:00:59.195 -- 00:01:03.660 These risks and other factors that could adversely affect our business and future results 00:01:03.660 -- 00:01:07.545 are described in our press releases and in our filings with the SEC. 00:01:07.545 -- 00:01:12.691 All forward-looking statements speak only as of today, August 1st, 2025. 00:01:12.691 -- 00:01:16.515 We ass...