Ellington Financial Inc expected to post earnings of 42  cents a share - Earnings Preview

Ellington Financial

04/11/2023 03:05

* Ellington Financial Inc  EFC.N   EFC  is expected to show
a rise
in quarterly revenue when it reports  results on November 7. 
    * The Old Greenwich Connecticut-based  company is expected
to
report  a 1.9% increase in revenue to $37.22 million from $36.51
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data. 
    * ​Refinitiv's mean analyst estimate for Ellington Financial
Inc
is for earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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
Financial Inc is $14.75​, above​ its last closing price
of $12.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.44        0.45       0.42      Missed  -5.6​
 Sep. 30 2022  0.43        0.42       0.44      Beat    4.5
 ​​Jun.        0.43        0.43       0.41      Missed  -5.2
 30 2022                                                
 Mar. 31 2022  0.44        0.45       0.40      Missed  -10.6​
 Dec. 31 2021  0.48        0.47       0.44      Missed  -5.5
 Sep. 30 2021  0.51        0.48       0.46      Missed  -4.4
 This summary was machine generated November 4 at 03:05 GMT.  All
figures in US dollars  unless otherwise stated