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

Ellington Financial

05/11/2022 02:21

* 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 27.7% increase in revenue to $37.738 million from
$29.54 million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv 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 5 "strong buy" or "buy," 3
"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 $15​, above​ its last closing price of $13.22.
​​​

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 2022  0.43        0.43       0.41      Missed  -5.2
 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
 ​​Jun.        0.44        0.45       0.51      Beat    12.3
 30 2021                                                
 Mar. 31 2021  0.38        0.38       0.43      Beat    13.1​
 Dec. 31 2020  0.55        0.52       0.37      Missed  -28.6
 Sep. 30 2020  0.36        0.33       0.41      Beat    23.2
 This summary was machine generated November 5 at 02:21 GMT.  All
figures in US dollars  unless otherwise stated