New York Mortgage Trust Inc reports results for the quarter ended December 31 - Earnings Summary
19/02/2025 22:39
* New York Mortgage Trust Inc NYMT.OQ reported a quarterly
adjusted loss of 46 cents per share for the quarter ended
December 31, lower than the same quarter last year, when the
company reported EPS of 35 cents. The mean expectation of
eight analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 2 cents to 11
cents per share.
* Revenue rose 59% to $26.71 million from a year ago;
analysts
expected $20.77 million.
* New York Mortgage Trust Inc's reported EPS for the quarter
was a
loss of 46 cents.
* The company reported a quarterly loss of $41.83 million.
* New York Mortgage Trust Inc shares had held steady so far
this
quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 11.1%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."
* The average consensus recommendation for the specialized
reits
peer group is also "hold"
Wall Street's median 12-month price target for New York Mortgage
Trust Inc is $7.00
This summary was machine generated from LSEG data February 19 at
10:38 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.05 -0.46 Missed
Sep. 30 2024 0.04 0.36 Beat
Jun. 30 2024 0.03 -0.29 Missed
Mar. 31 2024 0.12 -0.59 Missed