Ellington Financial Inc expected to post earnings of 45  cents a share - Earnings Preview

Ellington Financial

04/05/2022 03:10

* Ellington Financial Inc  EFC.N   EFC  is expected to show
a rise
in quarterly revenue when it reports  results on May 5. 
    * The Old Greenwich Connecticut-based  company is expected
to
report  a 33.8% increase in revenue to $38.464 million from
$28.74 million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ellington Financial
Inc
is for earnings of 45 cents per share. For the same quarter last
year, the company reported earnings of 43 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ellington
Financial Inc is $18.75​, above​ its last closing price
of $16.64. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.38        0.38       0.43      Beat    13.1
 ​​Dec.        0.55        0.52       0.37      Missed  -28.6
 31 2020                                                
 Sep. 30 2020  0.36        0.33       0.41      Beat    23.2​
 Jun. 30 2020  0.28        0.27       0.39      Beat    44.7
 Mar. 31 2020  -0.13       -0.34      0.46      Beat    235
 This summary was machine generated May 4 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated