New York Mortgage Trust Inc expected to post earnings of 1  cent a share - Earnings Preview

Adamas Trust

30/07/2022 03:04

* New York Mortgage Trust Inc  NYMT.OQ   NYMT.O  is expected
to show a fall in quarterly revenue when it reports  results on
August 2. 
    * The New York City-based  company is expected to report  a
2.8% decrease in revenue to $30.593 million from $31.48 million
a year ago, according to the mean estimate from 7 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for New York Mortgage
Trust
Inc is for earnings of 1 cent per share. For the same quarter
last year, the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"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 $3.75​, above​ its last closing price of $3.14. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.04        0.07       -0.22     Missed  -406
 Dec. 31 2022  0.10        0.11       0.06      Missed  -45.4
 Sep. 30 2021  0.11        0.11       0.09      Missed  -20.3​
 Jun. 30 2021  0.11        0.11       0.11      Met     -2
 ​​Mar.        0.16        0.12       0.11      Missed  -8.6
 31 2021                                                
 Dec. 31 2020  0.09        0.09       0.18      Beat    108.7​
 Sep. 30 2020  0.10        0.07       0.23      Beat    243.3
 Jun. 30 2020  0.07        0.07       0.28      Beat    310.9
 This summary was machine generated July 30 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated