New York Mortgage Trust Inc expected to post earnings of 11 cents a share - Earnings Preview
29/10/2021 18:02
* New York Mortgage Trust Inc NYMT.OQ NYMT.O is expected
to show a rise in quarterly revenue when it reports results on
November 2.
* The New York City, New York-based company is expected to
report a 71.2% increase in revenue to $43.697 million from
$25.53 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 23 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 6.9% above its last closing
price of $4.42.
* Previous quarterly performance (using preferred earnings
measure in US dollars).
QUARTER STARMINE REFINITIV ACTUAL BEAT, SURPRI
ENDING SMARTESTIM IBES MET, SE %
ATE® ESTIMATE MISSED
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
Sep. 30 2020 0.10 0.07 0.23 Beat 243.3
Jun. 0.07 0.07 0.28 Beat 310.9
30 2020
Mar. 31 2020 0.11 0.13 -0.35 Missed -375.6
Dec. 31 2019 0.15 0.17 0.20 Beat 20.8
Sep. 30 2019 0.18 0.18 0.15 Missed -17.4
This summary was machine generated October 29 at 17:01 GMT. All
figures in US dollars unless otherwise stated