Dynex Capital Inc reports results for the quarter ended in December - Earnings Summary

Dynex Capital

29/01/2024 16:48

* Dynex Capital Inc  DX.N  reported a quarterly adjusted
loss
of 24 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 3 cents.  The mean expectation of five analysts for the
quarter was for a loss of 20 cents per share. Wall Street
expected results to range from -30 cents to -13 cents per share.
    * Revenue rose 136.7% to $-2.28 million from a year ago;
analysts
expected $-5.62 million. 
    * Dynex Capital Inc's reported EPS for the quarter was 39
cents​.
    * The company reported quarterly net income of $22.38
million.
    * Dynex Capital Inc shares had risen by 1.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 41.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Dynex
Capital Inc
is $13.25 

This summary was machine generated from LSEG data January 29 at
04:47 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.20          -0.24          Missed
 Sep. 30 2023      -0.11          -0.28          Missed
 Jun. 30 2023      0.03           -0.27          Missed
 Mar. 31 2023      0.15           -0.16          Missed