NexPoint Residential Trust (NYSE:NXRT) lowered its full-year 2026 core funds from operations guidance after higher projected interest expense and softer-than-expected revenue in several markets, despite management pointing to improving leasing trends and lower operating-cost growth.
The multifamily
NexPoint Residential Trust (NXRT) beat Q2 2025 EPS estimates with $0.80 vs. -$0.34 expected, though revenue slightly missed. Shares rose 5.27% pre-market, driven by strong profitability and a $0.51 dividend.
Hurricane Helene left over 130 dead and 800,000 without power. Utilities provider Duke Energy Corp reports 2 million customers affected but restores power to 1.35 million. Insurers don't expect major losses, estimated economic damage of $20-34 billion. REITs report limited damage.
