NexPoint Residential Trust, Inc. Reports Second Quarter 2019 Results
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NexPoint Residential Trust (NXRT) Tops Q2 EPS by 9c; Raises FY19 EPS Outlook
July 30, 2019 7:19 AM EDTNexPoint Residential Trust (NYSE: NXRT) reported Q2 EPS of ($0.08), $0.09 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $43.1 million versus the consensus estimate of $43.51 million.
Second Quarter 2019 Financial Results
Total revenues were $43.1 million for the second quarter of 2019, compared to $35.7 million for the second quarter of 2018.Net loss for the second quarter of 2019 totaled $(2.0) million, or a loss of $(0.08) per diluted share, which included $13.1 million of depreciation and amortization expense. This compared to... More