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NXRT — NexPoint Residential Trust News Story

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

NexPoint Residential Trust Inc NXRT.N reported a quarterly adjusted loss of 27 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.00.  The mean expectation of five analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -35 cents to -24 cents per share.

Revenue fell 22.1% to $63.20 million from a year ago; analysts expected $63.01 million.

NexPoint Residential Trust Inc's reported EPS for the quarter was a loss of 27 cents​.

The company reported a quarterly loss of $6.92 million.

NexPoint Residential Trust Inc shares had fallen by 7.3% this quarter and lost 12.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "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 $43.00

This summary was machine generated from LSEG data April 29 at 01:32 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
Mar. 31 20250.650.68Beat
Dec. 31 20240.660.68Beat
Sep. 30 20240.650.60Missed
Jun. 30 20240.640.62Missed

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