Earnings Preview: NexPoint Residential
Portfolio Pulse from Benzinga Insights
NexPoint Residential (NYSE:NXRT) is set to release its latest quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.56. The company's past performance shows a trend of negative price changes despite beating EPS estimates. The stock was trading at $47.53 as of July 21, with a 52-week return of -24.24%.
July 24, 2023 | 8:01 pm
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NexPoint Residential is expected to report an EPS of $0.56 in its upcoming earnings release. Despite beating EPS estimates in the past, the stock has experienced negative price changes.
NexPoint Residential has a history of beating EPS estimates but this has not translated into positive price changes. Given the negative 52-week return, investors may be bearish on the stock. The upcoming earnings release and any guidance provided will be critical in determining the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100