DALLAS (AP) — DALLAS (AP) — NexPoint Real Estate Finance, Inc. (NREF) on Thursday reported net income of $21.8 million in its first quarter.
The Dallas-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring gains, came to 41 cents per share.
The company posted revenue of $22 million in the period. Its adjusted revenue was $11.5 million.
For the current quarter ending in June, NexPoint expects its per-share earnings to range from 38 cents to 48 cents.
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