New York Mortgage Trust Inc reports results for the quarter ended March 31 - Earnings Summary
30/04/2025 22:43
New York Mortgage Trust Inc NYMT.OQ reported quarterly adjusted earnings of 33 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -59 cents. The mean expectation of seven analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 6 cents to 11 cents per share. Revenue rose 85.3% to $33.10 million from a year ago; analysts expected $30.91 million. New York Mortgage Trust Inc's reported EPS for the quarter was 33 cents. The company reported quarterly net income of $30.29 million. New York Mortgage Trust Inc shares had fallen by 9.6% this quarter and lost 3.1% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 1.8% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "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 April 30 at 09:43 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 |
| Mar. 31 2025 | 0.09 | 0.33 | Beat |
| Dec. 31 2024 | 0.05 | -0.46 | Missed |
| Sep. 30 2024 | 0.04 | 0.36 | Beat |
| Jun. 30 2024 | 0.03 | -0.29 | Missed |