Ellington Financial Inc expected to post earnings of 44  cents a share - Earnings Preview

Ellington Financial

05/08/2023 03:04

* Ellington Financial Inc  EFC.N   EFC  is expected to show
a rise
in quarterly revenue when it reports  results on August 7. 
    * The Old Greenwich Connecticut-based  company is expected
to
report  a 24.3% increase in revenue to $45.619 million from
$36.7 million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ellington Financial
Inc
is for earnings of 44 cents per share. The company's EPS
guidance on July 24 2023, for the period ended June 30, was
between $0.35 and $0.39 
    * 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 $14.25​, above​ its last closing price
of $13.31. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.42        0.43       0.45      Beat    4.5
 Dec. 31 2023  0.44        0.45       0.42      Missed  -5.6
 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.        0.44        0.45       0.40      Missed  -10.6
 31 2022                                                
 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. 30 2021  0.44        0.45       0.51      Beat    12.3
 This summary was machine generated August 5 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated