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

Adamas Trust

22/02/2023 22:03

* New York Mortgage Trust Inc  NYMT.OQ  reported a quarterly
adjusted loss of 13 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for breakeven results per share.
    * Revenue fell 27.5% to $22.30 million from a year ago;
analysts
expected $20.75 million. 
    * New York Mortgage Trust Inc's reported EPS for the quarter
was a
loss of 13 cents​.
    * The mean earnings estimate of analysts had risen by
about 68.2%
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 risen by 12.1% this
quarter.
    * The company reported a quarterly loss of $48.08 million.
    * Wall Street's median 12-month price target for New York
Mortgage
Trust Inc is $3.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
22 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.00           -0.13          Missed
 Sep. 30 2022      -0.04          -0.33          Missed
 Jun. 30 2022      0.01           -0.22          Missed
 Mar. 31 2022      0.07           -0.22          Missed