Investing.com - Nexpoint Residential Trust Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Nexpoint Residential Trust Inc announced earnings per share of $-0.02 on revenue of $68.05. Analysts polled by Investing.com anticipated EPS of $0.58 on revenue of $67.32M.
Nexpoint Residential Trust Inc shares are down 75.68% from the beginning of the year, still down 51.48% from its 52 week high of $95.04 set on April 28.
Nexpoint Residential Trust Inc follows other major Real Estate sector earnings this month
Nexpoint Residential Trust Inc's report follows an earnings beat by American Tower on Thursday, who reported EPS of $1.8 on revenue of $2.67B, compared to forecasts EPS of $1.13 on revenue of $2.65B.
Prologis had beat expectations on October 19 with third quarter EPS of $1.36 on revenue of $1.75B, compared to forecast for EPS of $1.34 on revenue of $1.2B.
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