New York Mortgage Trust Inc expected to post earnings of 7  cents a share - Earnings Preview

Adamas Trust

30/04/2022 03:01

* New York Mortgage Trust Inc  NYMT.OQ   NYMT.O  is expected
to show a rise in quarterly revenue when it reports  results on
May 3. 
    * The New York City-based  company is expected to report  a
21.7% increase in revenue to $36.917 million from $30.34 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 7 cents per share. For the same quarter
last year, the company reported earnings of 11 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 $4.25​, above​ its last closing price of $3.22. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.10        0.11       0.06      Missed  -45.4
 Sep. 30 2021  0.11        0.11       0.09      Missed  -20.3
 Jun. 30 2021  0.11        0.11       0.11      Met     -2​
 Mar. 31 2021  0.16        0.12       0.11      Missed  -8.6
 ​​Dec.        0.09        0.09       0.18      Beat    108.7
 31 2020                                                
 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. 31 2020  0.11        0.13       -0.35     Missed  -375.6
 This summary was machine generated April 30 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated