Invesco Mortgage Capital Inc expected to post earnings of 79 cents a share - Earnings Preview

Invesco Mortgage Capital

02/11/2024 03:49

* Invesco Mortgage Capital Inc  IVR.N   IVR  is expected
to show a
fall in quarterly revenue when it reports  results on November 5
for the period ending September 30 2024
    * The Atlanta Georgia-based  company is expected to report a
17.3% decrease in revenue to $62.131 million from $75.13 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for Invesco Mortgage Capital
Inc
is for earnings of 79 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 9.00​, above​ its last closing price of $8.06.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.86        0.99       0.86      Missed  -12.8
 Mar. 31 2024  1.01        1.13       0.86      Missed  -23.8
 Dec. 31 2023  0.98        1.19       0.95      Missed  -19.8​
 Sep. 30 2023  1.35        1.33       1.51      Beat    13.8
 ​​Jun.        1.11        1.08       1.45      Beat    34.9
 30 2023                                                
 Mar. 31 2023  0.86        0.86       1.50      Beat    74.4​
 Dec. 31 2022  0.93        0.87       1.46      Beat    68
 Sep. 30 2022  1.00        0.94       1.39      Beat    47.3
 This summary was machine generated November 2 at 03:49 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)