NexPoint Residential Trust (NXRT) Declares $0.275 Quarterly Dividend; 2.9% Yield

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NexPoint Residential Trust (NXRT) Misses Q4 EPS by 13c, Revenues Beat

February 19, 2019 7:32 AM EST

NexPoint Residential Trust (NYSE: NXRT) reported Q4 EPS of ($0.21), $0.13 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $39.4 million versus the consensus estimate of $39.15 million.

Total revenues were $39.4 million for the fourth quarter of 2018, compared to $34.9 million for the fourth quarter of 2017.Net loss for the fourth quarter of 2018 totaled $(4.8) million, or a loss of $(0.21) per diluted share, which included $13.8 million of depreciation and amortization expense and $7.8 million of interest expense. This compared to net loss of $(4.3) million, or a loss... More