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

NexPoint Residential Trust

15/02/2022 14:04

* NexPoint Residential Trust Inc  NXRT.N  reported quarterly
adjusted earnings of 26 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for a loss of 23 cents per share.
    * Revenue rose 24.9% to $58.50 million from a year ago; 
analysts
expected $56.99 million. 
    * The mean earnings estimate of analysts had risen by
about 1.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NexPoint Residential Trust Inc shares had fallen by 6.3%
this
quarter.
    * The company reported quarterly net income of $7.36
million.
    * Wall Street's median 12-month price target for NexPoint
Residential Trust Inc is $87.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 15 at 02:04 p.m.
 ​All figures in US dollars unless otherwise stated