Cherry Hill Mortgage Investment Corp reports results for the quarter ended in December - Earnings Summary

Cherry Hill Mortgage Investment

15/03/2022 22:22

* Cherry Hill Mortgage Investment Corp  CHMI.N  reported
quarterly
adjusted earnings of 32 cents​​ per share for the quarter ended
in December. The mean expectation of three analysts for the
quarter was for earnings of 28 cents per share.
    * Revenue fell 56.9% to $3.45 million from a year ago; 
analysts
expected $6.22 million. 
    * Cherry Hill Mortgage Investment Corp's reported EPS for
the
quarter was 23 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Cherry Hill Mortgage Investment Corp shares had fallen
by 6.3%
this quarter.
    * The company reported quarterly net income of $4.11
million.
    * Wall Street's median 12-month price target for Cherry Hill
Mortgage Investment Corp is $11.25 
    * 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." 

This summary was machine generated March 15 at 10:22 p.m.  ​All
figures in US dollars unless otherwise stated