Ellington Financial Inc reports results for the quarter ended in December - Earnings Summary

Ellington Financial

23/02/2022 22:44

* Ellington Financial Inc  EFC.N  reported quarterly
adjusted
earnings of 61 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 47 cents per share.
    * Revenue fell 14.6% to $23.16 million from a year ago; 
analysts
expected $34.21 million. 
    * The mean earnings estimate of analysts had fallen by
about 3.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Ellington Financial Inc shares had risen by 0.4% this
quarter.
    * Wall Street's median 12-month price target for Ellington
Financial Inc is $19.00 
    * 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." 

This summary was machine generated February 23 at 10:44 p.m.
 ​All figures in US dollars unless otherwise stated