NexPoint Residential Trust Inc. (NXRT) Matches Q1 FFO Estimates
NXRTNexPoint Residential Trust(NXRT) Zacks Investment Research·2024-04-30 22:31

NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of 0.86pershare,inlinewiththeZacksConsensusEstimate.ThiscomparestoFFOof0.86 per share, in line with the Zacks Consensus Estimate. This compares to FFO of 0.81 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.88persharewhenitactuallyproducedFFOof0.88 per share when it actually produced FFO of 0.77, delivering a surprise of -12.50%. Over the last four quarters, the company has not been able to surpass consen ...