NexPoint Real Estate Finance Q3 EPS $0.39-$0.49 Vs $0.48 Est.; EAD $0.45-$0.55
Portfolio Pulse from Benzinga Newsdesk
NexPoint Real Estate Finance (NREF) reported Q3 EPS between $0.39 and $0.49, compared to an estimate of $0.48. The company provided guidance for Q3 2024, with EAD per diluted share expected to be $0.505 at the midpoint. Net income attributable to common stockholders is projected to range from $9.128 million to $11.470 million.
August 01, 2024 | 12:29 pm
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NexPoint Real Estate Finance (NREF) reported Q3 EPS between $0.39 and $0.49, compared to an estimate of $0.48. The company provided guidance for Q3 2024, with EAD per diluted share expected to be $0.505 at the midpoint. Net income attributable to common stockholders is projected to range from $9.128 million to $11.470 million.
The reported Q3 EPS is within the expected range but slightly below the midpoint of the estimate. The guidance for Q3 2024 shows a stable outlook with EAD per diluted share at $0.505. The net income projections for common stockholders indicate a positive but cautious outlook. This mixed information suggests a neutral short-term impact on the stock price.
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