BUZZ - NexPoint Residential shares fall as 2026 FFO guidance lowered and Q3 losses widen

November 3 - ** The share price of US multi-family residential real estate investment trust (REIT) NexPoint Residential Trust (NXRT.N) fell about 7% in pre-market trading to $16.80.

** Due to a weak leasing market environment and declining property performance, the company has lowered its annual Funds From Operations (FFO) forecast.

** NXRT expects its 2026 FFO per share to be $2.02, previously forecasted at $2.25.

** It has also cut its annual core FFO per share estimate from $2.45 to $2.22.

** The company reported that third-quarter net loss widened to $11.53 million (or $0.45 per share), compared with a net loss of $7.82 million (or $0.31 per share) in the same period last year.

** As of the close of the previous trading day, the stock is down 40% year-to-date.

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