NexPoint Residential Trust (NXRT) Reports Q3 Revenue Beat

NexPoint Residential Trust (NYSE: NXRT) reported Q3 revenue for the quarter came in at $36.5 million versus the consensus estimate of $36.2 million.

"We continued to experience robust demand for our well-located value-add communities in the third quarter, evidenced by 8.3% same store NOI growth. We are also pleased with the Board's approval of another double-digit increase to NXRT's quarterly dividend, buoyed by $131 million of accretive acquisitions in our core markets of Nashville and Dallas," stated NXRT Chairman and President, Jim Dondero.

For earnings history and earnings-related data on NexPoint Residential Trust (NXRT) click here.

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