Invesco Mortgage Capital Inc expected to post earnings of $1.19 a share - Earnings Preview

Invesco Mortgage Capital

16/02/2024 11:15

* Invesco Mortgage Capital Inc  IVR.N   IVR  is expected
to show a
rise in quarterly revenue when it reports  results on February
19 (estimated) for the period ending December 31 2023
    * The Atlanta Georgia-based  company is expected to report a
8.3% increase in revenue to $62.9 million from $58.06 million a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data. (SAL is on Net Interest Income basis)
    * ​LSEG's mean analyst estimate for Invesco Mortgage Capital
Inc
is for earnings of $1.19 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and 1 "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 Invesco
Mortgage
Capital Inc is $8.25​, below​ its last closing price of $8.74.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.35        1.33       1.51      Beat    13.8
 Jun. 30 2023  1.11        1.08       1.45      Beat    34.9
 Mar. 31 2023  0.86        0.86       1.50      Beat    74.4​
 Dec. 31 2022  0.93        0.87       1.46      Beat    68
 ​​Sep.        1.00        0.94       1.39      Beat    47.3
 30 2022                                                
 Jun. 30 2022  0.84        0.87       1.40      Beat    61.6​
 Mar. 31 2022  0.87        0.88       1.20      Beat    36.8
 Dec. 31 2021  0.97        0.97       1.00      Beat    2.8
 This summary was machine generated February 16 at 11:15 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)