Nexpoint Real Estate Finance Inc reports results for the quarter ended March 31 - Earnings Summary

• Nexpoint Real Estate Finance Inc NREF.N reported quarterly adjusted earnings of 41 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -46 cents. The mean expectation of three analysts for the quarter was for earnings of 49 cents per share. Wall Street expected results to range from 45 cents to 56 cents per share.

• Revenue rose 139.5% to $22.04 million from a year ago; analysts expected $21.37 million.

• Nexpoint Real Estate Finance Inc's reported EPS for the quarter was 70 cents​.

• The company reported quarterly net income of $16.52 million.

• Nexpoint Real Estate Finance Inc shares had fallen by 4.3% this quarter and lost 6.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.7% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the commercial reits peer group is also "hold"

• Wall Street's median 12-month price target for Nexpoint Real Estate Finance Inc is $15.75

This summary was machine generated from LSEG data May 1 at 01:33 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)