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

Cherry Hill Mortgage Investment

11/05/2021 10:50

* Cherry Hill Mortgage Investment Corp  CHMI.N  reported
quarterly adjusted earnings of 21 cents​​ per share for the
quarter ended in March. The mean expectation of four analysts
for the quarter was for earnings of 32 cents per share.
* Revenue fell 26.2% to $5.87 million from a year ago​; 
analysts expected $7.52 million.
* Cherry Hill Mortgage Investment Corp's reported EPS for the
quarter was $1.07​.
* 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 risen by 5.9%
this quarter and gained 8.2% so far this year.
* The company reported quarterly net income of $18.33 million.
* Wall Street's median 12-month price target for Cherry Hill
Mortgage Investment Corp is $11.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 11 at 09:49 a.m. GMT.
​All figures in US dollars