earnings
confidence high
sentiment negative
materiality 0.75
NexPoint Real Estate Finance reports Q3 net loss of $8.7M, diluted EPS -$0.54
NexPoint Real Estate Finance, Inc.
2022-Q3 EPS reported
$0.71
- Net loss of $8.7M vs net income of $25.2M (diluted EPS -$0.54 vs $1.17) in Q3 2021.
- Cash available for distribution (CAD) of $11.2M, or $0.50 per diluted share.
- Portfolio of $1.7B across 83 investments; no loans in default or forbearance as of Oct 26.
- Q4 2022 dividend declared at $0.50 per common share, payable on a quarterly basis.
- Invested over $100M in Q3: $70.5M Freddie Mac K-Series B-Piece, $17.5M preferred equity, etc.