How did NXRT's Q1 2024 EPS outperform forecasts?

NexPoint Residential Trust Inc. (NXRT) reported an EPS of $1.00 for Q1 2024, which represents a significant upside from the forecast. This positive surprise indicates that the company's performance exceeded market expectations, likely due to factors such as strong operational efficiency, effective cost management, or strategic initiatives like the ones mentioned in the search results.

|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|NXRT|NXRT.N|Nexpoint Residential|2023 Q2|50|-0.15|169|
|NXRT|NXRT.N|Nexpoint Residential|2023 Q3|6500|1.28|169|
|NXRT|NXRT.N|Nexpoint Residential|2024 Q1|766.6666666666666|1|169|