Overview

* NexPoint Q2 revenue of $63.1 mln, in line with analysts' expectations

* Company reports net loss of $7 mln vs $10.6 mln profit yr-ago, due to fall in gain on sales of real estate

* Co repurchased $7.6 mln in shares and completed $100 mln SOFR swap

Outlook

* Company expects full-year 2025 net loss of $33.6 mln

* NexPoint sees 2025 full-year FFO per share at $2.51

* Company anticipates 2025 Core FFO per share at $2.75

* NexPoint projects 2025 AFFO per share at $3.14

Result Drivers

* REAL ESTATE SALES - Decrease in gain on sales of real estate impacted net income, contributing to Q2 net loss

* OCCUPANCY DECLINE - Same Store occupancy fell by 80 basis points, affecting revenue and NOI

* RENT PREMIUM - Property upgrades resulted in rent premiums, but did not offset overall revenue decline

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $63.10 $63 mln

Revenue mln (8

Analysts

)

Q2 EPS -$0.28

Q2 Net -$7.06

Income mln

Q2 Core $17.96

FFO mln

Q2 FFO $16.93

mln

Q2 Core $0.71

FFO Per

Share

Basic

Q2 FFO $0.67

Per

Share

Basic

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the residential reits peer group is "buy."

* Wall Street's median 12-month price target for NexPoint Residential Trust Inc ( NXRT ) is $39.50, about 16.4% above its July 28 closing price of $33.01

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)