New York Mortgage Trust Inc expected to post earnings of 2 cents a share - Earnings Preview
19/02/2024 22:04
* New York Mortgage Trust Inc NYMT.OQ NYMT.O is expected
to show a fall in quarterly revenue when it reports results on
February 21 for the period ending December 31 2023
* The New York City-based company is expected to report a
5.5% decrease in revenue to $21.068 million from $22.3 million a
year ago, according to the mean estimate from 5 analysts, based
on LSEG data. (Revennue consensus is on Net Interest Income.)
* LSEG's mean analyst estimate for New York Mortgage Trust
Inc is
for earnings of 2 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 $7.59.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 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. 31 2022 0.03 -0.01 -0.52 Missed -5,479
.4
Sep. -0.40 -0.16 -1.32 Missed -748.8
30 2022
Jun. 30 2022 -0.56 0.02 -0.88 Missed -3,980
.1
Mar. 31 2022 0.15 0.29 -0.88 Missed -406
Dec. 31 2021 0.42 0.43 0.24 Missed -45.4
This summary was machine generated February 19 at 22:04 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)