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

Ellington Financial

07/11/2022 23:23

* Ellington Financial Inc  EFC.N  reported quarterly
adjusted
earnings of 44 cents​​ per share for the quarter ended in
September. The mean expectation of eight analysts for the
quarter was for earnings of 42 cents per share.
    * Revenue rose 23.6% to $36.51 million from a year ago;
analysts
expected $37.74 million. 
    * Ellington Financial Inc's reported EPS for the quarter was
a
loss of 55 cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Ellington Financial Inc shares had risen by 16.3% this
quarter and lost 22.6% so far this year.
    * The company reported a quarterly loss of $33.29 million.
    * Wall Street's median 12-month price target for Ellington
Financial Inc is $15.00 
    * 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." 

This summary was machine generated from Refinitiv data November
7 at 11:23 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.42           0.44           Beat
 Jun. 30 2022      0.43           0.41           Missed
 Mar. 31 2022      0.45           0.40           Missed
 Dec. 31 2021      0.47           0.44           Missed