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

NexPoint Residential Trust

21/02/2023 18:45

* NexPoint Residential Trust Inc  NXRT.N  reported quarterly
adjusted earnings of 15 cents​​ per share for the quarter ended
in December. The mean expectation of four analysts for the
quarter was for earnings of $1.56 per share.
    * Revenue rose 18.5% to $69.30 million from a year ago;
analysts
expected $66.86 million. 
    * NexPoint Residential Trust Inc's reported EPS for the
quarter
was 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9% 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 risen by 11.7%
this
quarter.
    * The company reported quarterly net income of $3.8 million.
    * Wall Street's median 12-month price target for NexPoint
Residential Trust Inc is $53.00 
    * 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." 

This summary was machine generated from Refinitiv data February
21 at 06:44 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.63           0.47           Missed
 Sep. 30 2022      0.73           0.96           Beat
 Jun. 30 2022      0.74           0.69           Missed
 Mar. 31 2022      0.71           0.74           Beat