NexPoint Residential Trust Inc expected to post a loss of 27 cents a share - Earnings Preview

NexPoint Residential Trust

25/10/2024 14:11

* NexPoint Residential Trust Inc  NXRT.N   NXRT.K  is
expected
to show a fall in quarterly revenue when it reports  results on
October 29 for the period ending September 30 2024
    * The Dallas Texas-based  company is expected to report a
8.2% decrease in revenue to $64.081 million from $69.84 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data. (SAL Represents Total Revenue/Property
Revenue)
    * ​LSEG's mean analyst estimate for NexPoint Residential
Trust Inc
is for a loss of 27 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NexPoint
Residential Trust Inc is 47.50​, above​ its last closing price
of $43.92. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.64        0.64       0.62      Missed  -3.5
 Jan. 1 2024   0.68        0.68       0.72      Beat    5.4
 Dec. 31 2023  0.71        0.71       0.68      Missed  -4.3​
 Jan. 1 0001   0.73        0.73       0.55      Missed  -24.8
 ​​Jun.        0.72        0.72       0.75      Beat    3.9
 30 2023                                                
 Mar. 31 2023  0.75        0.75       0.74      Missed  -0.9​
 Jan. 1 0001   0.64        0.63       0.47      Missed  -25.4
 Sep. 30 2022  0.72        0.73       0.96      Beat    32.4
 This summary was machine generated October 25 at 13:11 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)