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NexPoint Residential Trust Inc. (NXRT) Lags Q2 FFO and Revenue Estimates

NexPoint Residential Trust Inc. (NXRT) came out with quarterly funds from operations (FFO) of 0.8pershare,missingtheZacksConsensusEstimateof0.8 per share, missing the Zacks Consensus Estimate of 0.81 per share. This compares to FFO of 0.8pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof1.230.8 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -1.23%. A quarter ago, it was expected that this real estate investment trust would post FFO of 0.77 per share when it actually produced FFO of $0.84, delivering a surprise of +9.09%.Over th ...