New York Mortgage Trust Inc expected to post earnings of 10  cents a share - Earnings Preview

Adamas Trust

31/10/2023 02:05

* New York Mortgage Trust Inc  NYMT.OQ   NYMT.O  is expected
to show a rise in quarterly revenue when it reports  results 
    * The New York City-based  company is expected to report  a
48.7% increase in revenue to $21.144 million from $14.22 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 earnings of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "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 $12​, above​ its last closing price of $7.70. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.06        0.11       -0.41     Missed  -490
 Mar. 31 2023  -0.04       0.02       0.11      Beat    566.7
 Dec. 31 2022  0.03        -0.01      -0.52     Missed  -5,479
                                                        .4​
 Sep. 30 2022  -0.40       -0.16      -1.32     Missed  -748.8
 ​​Jun.        -0.56       0.02       -0.88     Missed  -3,980
 30 2022                                                .1
 Mar. 31 2022  0.15        0.29       -0.88     Missed  -406​
 Dec. 31 2021  0.42        0.43       0.24      Missed  -45.4
 Sep. 30 2021  0.45        0.45       0.36      Missed  -20.3
 This summary was machine generated October 31 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated