Nexpoint Real Estate Finance Inc reports results for the quarter ended in June - Earnings Summary

NexPoint Real Estate Finance

27/07/2023 23:16

* Nexpoint Real Estate Finance Inc  NREF.N  reported
quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 46 cents per share.
    * Revenue fell 1.8% to $17.30 million from a year ago;
analysts
expected $17.50 million. 
    * Nexpoint Real Estate Finance Inc's reported EPS for the
quarter
was 36 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Nexpoint Real Estate Finance Inc shares had risen by 4.7%
this
quarter and gained 5.0% so far this year.
    * The company reported quarterly net income of $6.43
million.
    * Wall Street's median 12-month price target for Nexpoint
Real
Estate Finance Inc is $17.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 10:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.46           0.46           Met
 Mar. 31 2023      0.48           0.52           Beat
 Dec. 31 2022      0.48           0.49           Beat
 Sep. 30 2022      0.40           0.48           Beat