Earnings analysis · 10-Q
NXRT earnings analysis
Filed April 29, 2026 · Our reading of the company's report
The latest report
NexPoint Residential Trust's Q1 2026 results showcase a revenue of $63.5 million, slightly above estimates, coupled with a notable EPS beat at $0.68, surpassing analyst predictions. However, ongoing pressure from high…
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NexPoint Residential Trust's Q1 2026 results showcase a revenue of $63.5 million, slightly above estimates, coupled with a notable EPS beat at $0.68, surpassing analyst predictions. However, ongoing pressure from high interest rates and reduced rental income evidences challenges in operational performance, despite a marginal increase in operating income year-over-year.
Reported figures
- Earnings per share
- $0.68
- Operating margin
- 13.39%
What stood out
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EPS Beat Consensus
The reported EPS of $0.68 exceeded the consensus estimate of $0.57 by 19.3%.
-
Revenue Slightly Above Estimate
Actual revenue was $63.5M, slightly above the estimated revenue of $63.274M.
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Operating Income Increased
Operating income for Q1 2026 improved to $8.5M, up from $7.4M in Q1 2025, a gain of 14.8%.
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Decrease in Expenses
Total expenses declined from $55.793M in Q1 2025 to $55.025M in Q1 2026.
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Improvement in Free Cash Flow
Free cash flow for the quarter was positive at $9.5M compared to a negative position in Q4 2025.
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Stable Same Store NOI
Same Store NOI decreased slightly to $36.699M from $37.734M, a drop of 2.2% YoY.
What to watch
-
Increase in Interest Expense
Interest expense rose to $15.4M from $14.4M year-over-year, a 7.3% increase.
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Decline in Rental Income
Rental income decreased to $61.1M in Q1 2026 from $61.4M in Q1 2025, showing a negative trend.
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Economic Uncertainty Impacting Performance
Management noted high interest rate environment as a significant headwind affecting overall performance.
Management's outlook
Outlook deferred to earnings press release / call.
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.