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

NexPoint Residential Trust

25/07/2023 19:51

* NexPoint Residential Trust Inc  NXRT.N  reported a
quarterly
adjusted loss of 15 cents​​ per share for the quarter ended in
June. The mean expectation of five analysts for the quarter was
for earnings of 56 cents per share.
    * Revenue rose 7.2% to $69.57 million from a year ago;
analysts
expected $69.83 million. 
    * NexPoint Residential Trust Inc's reported EPS for the
quarter
was a loss of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
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 4.7%
this
quarter and gained 9.4% so far this year.
    * The company reported a quarterly loss of $3.95 million.
    * Wall Street's median 12-month price target for NexPoint
Residential Trust Inc is $55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 06:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.72           0.75           Beat
 Mar. 31 2023      0.75           0.75           Met
 Dec. 31 2022      0.63           0.47           Missed
 Sep. 30 2022      0.73           0.96           Beat