Dynex Capital Inc reports results for the quarter ended in September 30 - Earnings Summary

Dynex Capital

21/10/2024 17:19

* Dynex Capital Inc  DX.N  reported a quarterly adjusted
loss
of 10 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of -28 cents.  The mean expectation of
seven analysts for the quarter was for a loss of 3 cents per
share. Wall Street expected results to range from -12 cents
to 22 cents per share.
    * Revenue rose 139.5% to $894.00 thousand from a year ago;
analysts expected $5.32 million. 
    * Dynex Capital Inc's reported EPS for the quarter was 38
cents​.
    * The company reported quarterly net income of $70.74
million.
    * Dynex Capital Inc shares had fallen by 1.0% this
quarter and
gained 0.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 77% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the specialized
reits
peer group is also "buy"

Wall Street's median 12-month price target for Dynex Capital Inc
is 13.50 
This summary was machine generated from LSEG data October 21 at
04:19 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
 Sep. 30 2024      -0.03          -0.10          Missed
 Jun. 30 2024      -0.19          -0.12          Beat
 Mar. 31 2024      -0.09          -0.30          Missed
 Dec. 31 2023      -0.20          -0.24          Missed