NexPoint Real Estate Finance Q3 EAD $0.43 Misses $0.47 Estimate
Portfolio Pulse from Benzinga Newsdesk
NexPoint Real Estate Finance (NREF) reported Q3 EAD of $0.43, missing the estimate of $0.47.
November 02, 2023 | 1:23 pm
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NexPoint Real Estate Finance's Q3 EAD was lower than expected, which could negatively impact investor sentiment.
Earnings are a key indicator of a company's financial health. Missing earnings estimates can lead to a decrease in a company's stock price as it may indicate that the company is not performing as well as expected. Therefore, this news is likely to have a negative impact on NREF's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100