NexPoint Residential Trust, Inc. Reports Second Quarter 2020 Results

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NexPoint Residential Trust (NXRT) Tops Q2 EPS by 4c, Revenues Miss

August 4, 2020 7:34 AM EDT

NexPoint Residential Trust (NYSE: NXRT) reported Q2 EPS of ($0.38), $0.04 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $50.7 million versus the consensus estimate of $51.07 million.

Second Quarter 2020 Financial Results

Total revenues were $50.7 million for the second quarter of 2020, compared to $43.1 million for the second quarter of 2019.Net loss for the second quarter of 2020 totaled $(9.3) million, or loss of... More