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

Ellington Financial

22/02/2023 01:19

* Ellington Financial Inc  EFC.N   EFC  is expected to show
a fall
in quarterly revenue when it reports  results on February 23. 
    * The Old Greenwich Connecticut-based  company is expected
to
report  a 5.8% decrease in revenue to $36.249 million from
$38.47 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ellington Financial
Inc
is for earnings of 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 $14.5​, above​ its last closing price
of $13.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Dec. 31 2021  0.48        0.47       0.44      Missed  -5.5
 ​​Sep.        0.51        0.48       0.46      Missed  -4.4
 30 2021                                                
 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. 31 2020  0.55        0.52       0.37      Missed  -28.6
 This summary was machine generated February 22 at 01:19 GMT. 
All figures in US dollars  unless otherwise stated