NexPoint Real Estate Q3 2024 Adj. EPS $0.75 Beats $0.48 Estimate, Sales $12.518M Miss $18.837M Estimate
Portfolio Pulse from Benzinga Newsdesk
NexPoint Real Estate (NYSE:NREF) reported Q3 2024 earnings per share of $0.75, surpassing the analyst estimate of $0.48, marking a 74.42% increase from the previous year. However, sales of $12.518M fell short of the $18.837M estimate, despite a 159.87% increase from last year.
October 31, 2024 | 12:20 pm
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NexPoint Real Estate's Q3 2024 EPS of $0.75 beat expectations, showing strong profitability growth. However, sales of $12.518M missed estimates, indicating potential revenue challenges.
The significant EPS beat suggests strong profitability, which is positive for the stock. However, the sales miss indicates potential issues in revenue generation, balancing the overall impact.
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RELEVANCE 100