NexPoint Residential Trust, Inc. Reports First Quarter 2020 Results

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NexPoint Residential Trust (NXRT) Reports Q1 Revenues of $52.6M

May 7, 2020 7:46 AM EDT

NexPoint Residential Trust (NYSE: NXRT) reported Q1 revenue for the quarter came in at $52.6 million versus the consensus estimate of $52.68 million.

First Quarter 2020 Financial Results

Total revenues were $52.6 million for the first quarter of 2020, compared to $41.5 million for the first quarter of 2019.Net income for the first quarter of 2020 totaled $28.0 million, or income of $1.08 per diluted share, which included $23.3... More