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Investing.com - Nexpoint Residential Trust Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nexpoint Residential Trust Inc announced earnings per share of $-0.02 on revenue of $68.05. Analysts polled by Investing.com EPS of $0.58 on revenue of $67.32M.
Nexpoint Residential Trust Inc 's are down 75.68% and is trading at $46.11 , still down 51.48% from its 52 week high of $95.04 set on Thursday, April 28, 2022.
Nexpoint Residential Trust Inc follows other major Real Estate sector earnings this month
Nexpoint Residential Trust Inc's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.36 on revenue of $1.75B, for EPS of $1.34 on revenue of $1.2B.
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