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NXRT — NexPoint Residential Trust News Story

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NexPoint Residential Trust Inc reports results for the quarter ended December 31 - Earnings Summary

NexPoint Residential Trust Inc NXRT.N reported a quarterly adjusted loss of $1.03​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 68 cents.  The mean expectation of seven analysts for the quarter was for a loss of 37 cents per share. Wall Street expected results to range from $-1.03 to -14 cents per share.

Revenue fell 7.4% to $63.79 million from a year ago; analysts expected $63.40 million.

NexPoint Residential Trust Inc's reported EPS for the quarter was a loss of $1.03​.

The company reported a quarterly loss of $26.93 million.

NexPoint Residential Trust Inc shares had fallen by 6.7% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the residential reits peer group is also "buy"

Wall Street's median 12-month price target for NexPoint Residential Trust Inc is $47.50

This summary was machine generated from LSEG data February 25 at 02:32 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20240.661.69Beat
Sep. 30 20240.650.60Missed
Jun. 30 20240.640.62Missed
Mar. 31 20240.680.72Beat

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