Ellington Residential Mortgage REIT reports results for the quarter ended in March - Earnings Summary

Ellington Credit Co

04/05/2021 07:13

* Ellington Residential Mortgage REIT  EARN.N  reported
quarterly adjusted earnings of 31 cents​​ per share for the
quarter ended in March. The mean expectation of three analysts
for the quarter was for earnings of 34 cents per share.
* Revenue rose 13.5% to $5.75 million from a year ago​; 
analysts expected $5.70 million.
* Ellington Residential Mortgage REIT's reported EPS for the
quarter was 1 cent​.
* 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. 
* Ellington Residential Mortgage REIT shares had risen by 2.8%
this quarter and lost 3.0% so far this year.
* The company reported quarterly net income of $127 thousand.
* Wall Street's median 12-month price target for Ellington
Residential Mortgage REIT is $13.25 
* 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 May 4 at 06:13 a.m. GMT. ​All
figures in US Dollars.​