Cherry Hill Mortgage Investment Corp expected to post earnings of 17  cents a share - Earnings Preview

Cherry Hill Mortgage Investment

27/10/2023 16:17

* Cherry Hill Mortgage Investment Corp  CHMI.N   CHMI.K  is
expected to show a rise in quarterly revenue when it reports 
results on October 31 (estimated). 
    * The Farmingdale New Jersey-based  company is expected to
report 
a 47.3% increase in revenue to $12.1 million from $8.21 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cherry Hill
Mortgage
Investment Corp is for earnings of 17 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 $5.5​, above​ its last closing price
of $2.79. ​​​

This summary was machine generated October 27 at 15:17 GMT.  All
figures in US dollars  unless otherwise stated