NexPoint Real Estate Q2 EPS $0.46, Inline, Sales $4.21M Miss $17.50M Estimate
Portfolio Pulse from Benzinga Newsdesk
NexPoint Real Estate (NYSE:NREF) reported Q2 earnings of $0.49 per share, beating the analyst consensus estimate of $0.46 by 6.52 percent. However, this represents a 12.5 percent decrease from the same period last year.
July 27, 2023 | 12:19 pm
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NexPoint Real Estate's Q2 earnings exceeded analyst expectations but are lower than last year's earnings for the same period.
While NexPoint Real Estate's Q2 earnings beat analyst estimates, which is generally a positive signal for the stock, the year-over-year decrease in earnings could be a cause for concern among investors. This mixed result makes the short-term impact on the stock price uncertain.
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