Cherry Hill Mortgage Investment Corp expected to post earnings of 28cents a share - Earnings Preview

Cherry Hill Mortgage Investment

01/11/2022 02:07

* Cherry Hill Mortgage Investment Corp  CHMI.N   CHMI.K  is
expected to show a fall in quarterly revenue when it reports 
results on November 2. 
    * The Farmingdale New Jersey-based  company is expected to
report 
a 17.5% decrease in revenue to $5.276 million from $6.4 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 28 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $7.38​, above​ its last closing
price of $5.43. ​​​

This summary was machine generated November 1 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated