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NexPoint Residential Trust Announces Third Quarter Key Profitability Metrics

Associated Press +2 · ·by G4L

NXRT
NXRT NexPoint Residential Trust Inc
$15.79 +0.25%
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  1. 1NexPoint Residential Trust Inc. recorded $13.4 million in Funds From Operations (FFO) for the third quarter.
  2. 2NexPoint Residential Trust Inc. recorded a loss of $11.5 million for the third quarter.
  3. 3NexPoint Residential Trust Inc. expects annual Funds From Operations (FFO) to be $2.22 per share.

So what's the key point?

NexPoint Residential Trust Inc. earned $13.4 million in Funds From Operations during the third quarter but also recorded a loss. Experts expect the company's annual Funds From Operations to be $2.22 per share.

Source Associated Press +2 · View original ↗

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