NexPoint Residential Trust, Inc. Reports Third Quarter 2020 Results
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NexPoint Residential Trust (NXRT) Tops Q3 EPS by $1.57, Slight Beat on Revenues
October 27, 2020 7:35 AM EDTNexPoint Residential Trust (NYSE: NXRT) reported Q3 EPS of $1.19, $1.57 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $51 million versus the consensus estimate of $50.96 million.
Third Quarter 2020 Financial Results
Total revenues were $51.0 million for the third quarter of 2020, compared to $46.8 million for the third quarter of 2019.Net income for the third quarter of 2020 totaled $29.6 million, or income of... More