NexPoint Residential Trust Inc. (NXRT) Tops Q1 FFO Estimates

Company Performance - NexPoint Residential Trust Inc. reported quarterly funds from operations (FFO) of $0.84 per share, exceeding the Zacks Consensus Estimate of $0.77 per share, but down from $0.86 per share a year ago, indicating a 2.33% year-over-year decline [1] - The company achieved an FFO surprise of 9.09% for the quarter, while the previous quarter saw an FFO of $0.78, which was below the expected $0.80, resulting in a surprise of -2.50% [1][2] - Over the last four quarters, NexPoint has surpassed consensus FFO estimates three times, but only topped revenue estimates once [2] Revenue Insights - For the quarter ended March 2025, NexPoint reported revenues of $63.22 million, which missed the Zacks Consensus Estimate by 0.93% and decreased from $67.58 million year-over-year, reflecting a decline of approximately 6.98% [2] - The current consensus FFO estimate for the upcoming quarter is $0.78 on revenues of $64.04 million, while for the current fiscal year, the estimate is $3.19 on revenues of $258.09 million [7] Market Context - NexPoint shares have declined about 12.2% since the beginning of the year, compared to a 6% decline in the S&P 500 [3] - The Zacks Industry Rank places the REIT and Equity Trust - Residential sector in the bottom 44% of over 250 Zacks industries, suggesting that the industry outlook may negatively impact stock performance [8]