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

Adamas Trust

02/11/2022 22:05

* New York Mortgage Trust Inc  NYMT.OQ  reported a quarterly
adjusted loss of 33 cents​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for a loss of 4 cents per share.
    * Revenue fell 54.2% to $14.22 million from a year ago;
analysts
expected $28.96 million. 
    * New York Mortgage Trust Inc's reported EPS for the quarter
was a
loss of 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 191.6% in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * New York Mortgage Trust Inc shares had risen by 13.2% this
quarter and lost 28.8% so far this year.
    * The company reported a quarterly loss of $125.77 million.
    * Wall Street's median 12-month price target for New York
Mortgage
Trust Inc is $3.25 
    * 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 from Refinitiv data November
2 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.11           0.06           Missed