NexPoint Residential Trust Lowers Full-Year Guidance Following Q3 Earnings Miss
NexPoint Residential Trust (NXRT) reported third-quarter core Funds From Operations (FFO) of $0.52 per share, missing consensus estimates by $0.07. Due to this underperformance, management has lowered its full-year guidance and provided a 2026 core FFO forecast in the range of $2.17 to $2.27. The company's Board of Directors is currently evaluating a potential dividend reset. Despite the earnings miss, NexPoint has authorized a $150 million share buyback program as part of its capital allocation strategy.
Tickers: $NXRT
Topics: earnings miss FFO guidance financial results
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Part of the story NexPoint Residential Trust FFO of $0.52 in-line, revenue of $64.5M misses by $0.37M (5 articles)