New York Mortgage Trust Inc expected to post breakeven results a share - Earnings Preview

Adamas Trust

20/02/2023 22:38

* New York Mortgage Trust Inc  NYMT.OQ   NYMT.O  is expected
to show a fall in quarterly revenue when it reports  results on
February 22. 
    * The New York City-based  company is expected to report  a
32.6% decrease in revenue to $20.754 million from $30.77 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for New York Mortgage
Trust
Inc is for breakeven results per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for New York
Mortgage
Trust Inc is $3​, even ​ its last closing price of $3.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.10       -0.04      -0.33     Missed  -748.8
 Jun. 30 2022  -0.14       0.01       -0.22     Missed  -3,980
                                                        .1
 Mar. 31 2022  0.04        0.07       -0.22     Missed  -406​
 Dec. 31 2021  0.10        0.11       0.06      Missed  -45.4
 ​​Sep.        0.11        0.11       0.09      Missed  -20.3
 30 2021                                                
 Jun. 30 2021  0.11        0.11       0.11      Met     -2​
 Mar. 31 2021  0.16        0.12       0.11      Missed  -8.6
 Dec. 31 2020  0.09        0.09       0.18      Beat    108.7
 This summary was machine generated February 20 at 22:37 GMT. 
All figures in US dollars  unless otherwise stated