NexPoint Residential Sees FY24 FFO $0.65 Per Diluted Share; Core FFO $2.72 Per Diluted Share; AFFO $3.18 Per Diluted Share
Portfolio Pulse from Benzinga Newsdesk
NexPoint Residential Trust (NXRT) has provided its financial guidance for FY24, including FFO of $0.65 per diluted share, Core FFO of $2.72 per diluted share, and AFFO of $3.18 per diluted share. The company also detailed its net loss and other financial metrics for the year.
July 30, 2024 | 12:22 pm
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NexPoint Residential Trust (NXRT) has released its FY24 financial guidance, projecting FFO of $0.65 per diluted share, Core FFO of $2.72 per diluted share, and AFFO of $3.18 per diluted share. This detailed financial outlook provides investors with a clear view of the company's expected performance.
The detailed financial guidance for FY24, including FFO, Core FFO, and AFFO, provides a positive outlook for NexPoint Residential Trust. This information is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100