Cherry Hill Mortgage Investment Corp expected to post earnings of 16 cents a share - Earnings Preview

Cherry Hill Mortgage Investment

29/10/2024 11:22

* Cherry Hill Mortgage Investment Corp  CHMI.N   CHMI.K  is
expected to show a fall in quarterly revenue when it reports 
results on October 31 (estimated) for the period ending January
1 0001
    * The Tinton Falls New Jersey-based  company is expected to
report
a 37.2% decrease in revenue to $14.7 million from $23.4 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Cherry Hill Mortgage
Investment Corp is for earnings of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cherry Hill
Mortgage Investment Corp is $5.00​, above​ its last closing
price of $3.35. ​​​

This summary was machine generated October 29 at 11:21 GMT.  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)