Brief: Ellington Residential Mortgage REIT reports Q4 earnings per share $0.22

Ellington Credit Co

09/02/2017 23:56

Feb 9 (Reuters) - Ellington Residential Mortgage REIT 
 EARN.N  
    * Ellington Residential Mortgage REIT reports fourth quarter 
2016 results 
    * Q4 earnings per share $0.22 excluding items 
    * Q4 earnings per share view $0.45 -- Thomson Reuters 
I/B/E/S 
    * Q4 earnings per share $0.22 
    * Ellington Residential Mortgage REIT - Book value decreased 
to $15.52 per share as of December 31, 2016 from $15.70 per 
share as of September 30, 2016 
    * Ellington Residential Mortgage-Q4 characterized by sharply 
higher interest rates,increased market volatility, especially in 
aftermath of U.S. elections 
    * Ellington Residential - Election of Trump to U.S. 
Presidency along with continued republican control of congress 
led to surge in interest rates in Q4 
 
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