New York Mortgage Trust Inc reports results for the quarter ended in December - Earnings Summary

Adamas Trust

17/02/2022 22:02

* New York Mortgage Trust Inc  NYMT.OQ  reported quarterly
adjusted earnings of 6 cents​​ per share for the quarter ended
in December. The mean expectation of eight analysts for the
quarter was for earnings of 11 cents per share.
    * Revenue rose 217.3% to $82.36 million from a year ago; 
analysts
expected $48.68 million. 
    * New York Mortgage Trust Inc's reported EPS for the quarter
was 6
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * New York Mortgage Trust Inc shares had fallen by 1.9% this
quarter.
    * The company reported quarterly net income of $22.46
million.
    * Wall Street's median 12-month price target for New York
Mortgage
Trust Inc is $5.00 
    * 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." 

This summary was machine generated February 17 at 10:01 p.m.
 ​All figures in US dollars unless otherwise stated