Ellington Financial Inc expected to post earnings of 36 cents a share - Earnings Preview

Ellington Financial

04/05/2024 03:07

* Ellington Financial Inc  EFC.N   EFC  is expected
to report
resultson May 7 for the period ending March 31 2024
    * The Old Greenwich Connecticut-based  company is expected
to
report revenue of $32.326 million, according to the mean
estimate from 4 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Ellington Financial Inc
is for
earnings of 36 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Ellington
Financial Inc is $13.50​, above​ its last closing price
of $11.66. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.41        0.40       0.27      Missed  -32.5
 Sep. 30 0001  0.40        0.43       0.33      Missed  -22.5
 Jun. 30 2023  0.43        0.44       0.38      Missed  -13.3​
 Mar. 31 2023  0.42        0.43       0.45      Beat    4.5
 ​​Dec.        0.44        0.45       0.42      Missed  -5.6
 31 2022                                                
 Sep. 30 2022  0.43        0.42       0.44      Beat    4.5​
 Jun. 30 2022  0.43        0.43       0.41      Missed  -5.2
 Mar. 31 2022  0.44        0.45       0.40      Missed  -10.6
 This summary was machine generated May 4 at 02:07 GMT.  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)