Earnings call transcript: NexPoint Residential Trust Q1 2026 beats EPS forecast
NexPoint Residential Trust reported a net loss of $0.27 per share for Q1 2026, surpassing expectations amid a challenging interest rate environment. The company's revenue reached $63.5 million, slightly above forecasts, while core FFO and same-store NOI declined year-over-year. Following the earnings release, NXRT's stock rose 4.1% as investors responded positively to the beat.
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NexPoint Residential Trust (NXRT) reported a net loss of $0.27 per diluted share for Q1 2026, surpassing expectations with an EPS surprise of 18.18% against a forecasted loss of $0.33. The company posted revenue of $63.5 million, slightly above the $63.49 million forecast. Following the earnings announcement, NXRT shares closed at $26.36, reflecting a 4.1% increase from the previous close, as investors responded positively to the earnings beat.Key Takeaways NexPoint’s EPS exceeded forecasts by 18.18%.Revenue was slightly above expectations at $63.5 million.Core FFO declined 9.3% year-over-year.Stock price increased by 4.1% in pre-market trading.Same-store NOI decreased by 2.7% year-over-year.
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