NXRT Q2 2024 Earnings — NexPoint Residential Trust, Inc. Revenue & Financial Results | Market Cap Arena

NXRTNexPoint Residential Trust, Inc.

$688M

Q2 2024 Earnings

Real Estate REIT - Residential

Income Statement

Revenue

$62M-10.3% YoY

Gross Profit

$34M54.8% margin

Operating Income

$25M40.8% margin

Net Income

$11M17.0% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

-7.7%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$20M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.5B

Stockholders' Equity

$491M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$62M	$70M	-10.3%
Gross Profit	$34M	$39M	-11.4%
Operating Income	$25M	$10M	+153.6%
Net Income	$11M	-$4M	+368.0%