Cherry Hill Mortgage Investment Corp expected to post earnings of 26 cents a share - Earnings Preview

Cherry Hill Mortgage Investment

07/08/2021 02:17

* Cherry Hill Mortgage Investment Corp  CHMI.N   CHMI.K  is
expected to show a fall in quarterly revenue when it reports
results on August 9. 
* The Wall Township, New Jersey-based company is expected to
report   a 48.4% decrease in revenue to $3.458 million from
$6.71 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Cherry Hill Mortgage
Investment Corp is for earnings of 26 cents per share. For the
same quarter last year, the company reported earnings of 47
cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 $11.5​, about 20.2% above​ its last
closing price of $9.18. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.29        0.32       0.21      Missed  -33.9
 Dec. 31 2020  0.28        0.29       0.37      Beat    27.6
 Sep. 30 2020  0.33        0.32       0.48      Beat    47.9​
 Jun. 30 2020  0.28        0.29       0.47      Beat    64.9
 Mar.          0.01​       0.01       0.47      Beat    4,581.
 31​ 2020​                                              3​
 Dec. 31 2019  0.48        0.42       0.47      Beat    11​
 Sep. 30 2019  0.42        0.42       0.40      Missed  -5.4
 Jun. 30 2019  0.50        0.49       0.51      Beat    3
 This summary was machine generated August 7 at 01:17 GMT.  All
figures in US dollars unless otherwise stated