NexPoint Residential Earnings Preview
Portfolio Pulse from Benzinga Insights
NexPoint Residential (NYSE:NXRT) is set to release its latest quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $0.85. The company's past performance shows a general negative trend in stock price changes. Shares were trading at $26.75 as of October 27, with a 52-week decrease of 42.65%.
October 30, 2023 | 8:02 pm
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NexPoint Residential is expected to report an EPS of $0.85 in its upcoming earnings. The stock has been on a downward trend, with a 42.65% decrease over the past 52 weeks.
The upcoming earnings report is a significant event for NXRT. Given the negative trend in stock price and the high expectations for the EPS, the report could further impact the stock negatively if it doesn't meet or exceed the estimated EPS. The 42.65% decrease over the past 52 weeks indicates a bearish sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100