New York Mortgage Trust Inc expected to post earnings of 11 cents a share - Earnings Preview

Adamas Trust

03/08/2021 22:24

* New York Mortgage Trust Inc  NYMT.OQ   NYMT.O  is expected
to show a rise in quarterly revenue when it reports results on
August 5. 
* The New York City, New York-based company is expected to
report   a 53.9% increase in revenue to $43.895 million from
$28.53 million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for New York Mortgage Trust
Inc is for earnings of 11 cents per share. For the same quarter
last year, the company reported earnings of 28 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 $4.75​, about 8.4% above​ its last closing
price of $4.35. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.16        0.12       0.11      Missed  -8.6
 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
 Mar.          0.11​       0.13       -0.35     Missed  -375.6
 31​ 2020​                                              ​
 Dec. 31 2019  0.15        0.17       0.20      Beat    20.8​
 Sep. 30 2019  0.18        0.18       0.15      Missed  -17.4
 Jun. 30 2019  0.12        0.15       0.08      Missed  -48.1
 This summary was machine generated August 3 at 21:24 GMT.  All
figures in US dollars unless otherwise stated