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

NexPoint Residential Trust

31/10/2023 13:31

* NexPoint Residential Trust Inc  NXRT.N  reported quarterly
adjusted earnings of $1.28​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for a loss of 20 cents per share.
    * Revenue rose 2.6% to $69.84 million from a year ago;
analysts
expected $70.15 million. 
    * NexPoint Residential Trust Inc's reported EPS for the
quarter
was $1.28​.
    * The mean earnings estimate of analysts had risen by
about 0.2%
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 16.6%
this
quarter and lost 38.3% so far this year.
    * The company reported quarterly net income of $33.75
million.
    * Wall Street's median 12-month price target for NexPoint
Residential Trust Inc is $49.00 
    * 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
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.73           0.57           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