Brief: NexPoint Residential Trust, Inc. Reports Q3 2021 Results

NexPoint Residential Trust

02/11/2021 12:01

Nov 2 (Reuters) - NexPoint Residential Trust Inc  NXRT.N :
    * NEXPOINT RESIDENTIAL TRUST, INC. REPORTS THIRD QUARTER
2021
RESULTS
    * Q3 FFO PER SHARE $0.64
    * Q3 REVENUE $56.4 MILLION
    * QTRLY LOSS PER SHARE $0.21
    * QTRLY SAME STORE NOI INCREASED 6.6% TO $30.3 MILLION,
COMPARED
TO $28.4 MILLION FOR Q3 OF 2020
    * QTRLY FFO TOTALED $16.1 MILLION, COMPARED TO $17.2 MILLION
FOR
Q3 OF 2020
    * NEXPOINT RESIDENTIAL TRUST - QTRLY CORE FFO TOTALED $16.4
MILLION, OR $0.65 PER SHARE, COMPARED TO $13.3 MILLION, OR $0.53
PER SHARE, FOR Q3 OF 2020
    * QTRLY AFFO TOTALED $18.6 MILLION, OR $0.74 PER SHARE,
COMPARED
TO $15.1 MILLION, OR $0.60 PER SHARE, FOR Q3 OF 2020
    * ON OCTOBER 29, CO'S BOARD APPROVED QTRLY DIVIDEND OF
$0.38/SHARE, UP 11.4% FROM PREVIOUS DIVIDEND/SHARE
    * SEES FY 2021 FFO NET INCOME ABOUT $21.3 MILLION
    * SEES FY 2021 FFO PER SHARE $2.44
    * SEES FY 2021 CORE FFO PER SHARE $2.38
    * SEES FY 2021 AFFO PER SHARE $2.71

Source text for Eikon:  ID:nPn8KTWRHa 
Further company coverage:  NXRT.N 

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