Ellington Residential Mortgage REIT expected to post earnings of 31 cents a share - Earnings Preview
04/03/2022 21:03
* Ellington Residential Mortgage REIT EARN.N EARN.K is
expected to show a rise in quarterly revenue when it reports
results on March 7.
* The Old Greenwich Connecticut-based company is expected
to
report a 6.0% increase in revenue to $5.786 million from $5.46
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data.
* Refinitiv's mean analyst estimate for Ellington
Residential
Mortgage REIT is for earnings of 31 cents per share. For the
same quarter last year, the company reported earnings of 34
cents per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Ellington
Residential Mortgage REIT is $12.25, about 19.6% above its
last closing price of $9.85.
* Previous quarterly performance (using preferred earnings
measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Sep. 30 2021 0.34 0.33 0.31 Missed -6.9
Jun. 30 2021 0.32 0.32 0.37 Beat 16.9
Mar. 31 2021 0.33 0.34 0.31 Missed -7.6
Dec. 31 2020 0.35 0.35 0.34 Missed -2.2
Sep. 0.29 0.29 0.39 Beat 36.6
30 2020
Jun. 30 2020 0.23 0.25 0.26 Beat 5.1
Mar. 31 2020 0.25 0.25 0.27 Beat 6.1
Dec. 31 2019 0.23 0.23 0.23 Met -1.7
This summary was machine generated March 4 at 21:03 GMT. All
figures in US dollars unless otherwise stated