New York Mortgage Trust Inc expected to post earnings of 12 cents a share - Earnings Preview
29/04/2024 22:50
* New York Mortgage Trust Inc NYMT.OQ NYMT.O is expected
to show a rise in quarterly revenue when it reports results on
May 1 for the period ending March 31 2024
* The New York City-based company is expected to report a
36.4% increase in revenue to $24.285 million from $17.8 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for New York Mortgage Trust
Inc is
for earnings of 12 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 $9.75, above its last closing price of $6.98.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 0.01 0.02 0.35 Beat 1,999.
6
Jan. 1 2023 -0.02 0.10 -1.04 Missed -1,157
.7
Jun. 30 2023 0.06 0.11 -0.41 Missed -490
Mar. 31 2023 -0.04 0.02 0.11 Beat 566.7
Dec. 0.03 -0.01 -0.52 Missed -5,479
31 2022 .4
Sep. 30 2022 -0.40 -0.16 -1.32 Missed -748.8
Jun. 30 2022 -0.56 0.02 -0.88 Missed -3,980
.1
Mar. 31 2022 0.15 0.29 -0.88 Missed -406
This summary was machine generated April 29 at 21:50 GMT. All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)