Brief: NexPoint Residential Trust Reports Q1 2022 Results

NexPoint Residential Trust

26/04/2022 13:21

April 26 (Reuters) - NexPoint Residential Trust Inc
 NXRT.N :
    * NEXPOINT RESIDENTIAL TRUST, INC. REPORTS FIRST QUARTER
2022
RESULTS
    * Q1 REVENUE $60.8 MILLION
    * NXRT INCREASES 2022 FULL YEAR GUIDANCE; CONTINUES TO SEE
STRONG
RENTAL RATE GROWTH AND EXECUTE VALUE-ADD STRATEGY
    * FOR Q1 OF 2022, CORE FFO TOTALED $20.1 MILLION, OR $0.78
PER
DILUTED SHARE
    * QTRLY LOSS PER SHARE $0.18
    * FOR Q1 OF 2022, AFFO TOTALED $22.3 MILLION, OR $0.87 PER
DILUTED
SHARE
    * Q1 EARNINGS PER SHARE VIEW $-0.26, REVENUE VIEW $60.1
MILLION --
REFINITIV IBES DATA
    * Q1 FFO PER SHARE VIEW $0.71 -- REFINITIV IBES DATA
    * SEES FFO PER SHARE DILUTED OF $2.98 FOR THE YEAR ENDED DEC
31,
2022
    * SEES CORE FFO PER SHARE DILUTED OF $3.01 FOR THE YEAR
ENDED DEC
31, 2022
    * FY2022 FFO PER SHARE VIEW $3.00 -- REFINITIV IBES DATA
    * SEES AFFO PER SHARE DILUTED OF $3.37 FOR THE YEAR ENDED
DEC 31,
2022

Source text for Eikon:  ID:nPn5H6W3ra 
Further company coverage:  NXRT.N 

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