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

Cherry Hill Mortgage Investment

03/11/2022 24:03

* Cherry Hill Mortgage Investment Corp  CHMI.N  reported
quarterly
adjusted earnings of 26 cents​​ per share for the quarter ended
in September. The mean expectation of two analysts for the
quarter was for earnings of 28 cents per share.
    * Revenue rose 28.4% to $8.21 million from a year ago;
analysts
expected $5.28 million. 
    * 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 12.8%
this quarter and lost 33.0% so far this year.
    * The company reported quarterly net income of $38.35
million.
    * Wall Street's median 12-month price target for Cherry Hill
Mortgage Investment Corp is $7.38 
    * 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 from Refinitiv data November
3 at 12:02 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.28           0.26           Missed
 Jun. 30 2022      0.30           0.28           Missed
 Mar. 31 2022      0.33           0.34           Beat
 Dec. 31 2021      0.29           0.32           Beat