Invesco Mortgage Capital Inc reports results for the quarter ended December 31 - Earnings Summary

Invesco Mortgage Capital

21/02/2025 07:15

* Invesco Mortgage Capital Inc  IVR.N  reported quarterly
adjusted
earnings of 53 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 95 cents.  The mean expectation of six analysts
for the quarter was for earnings of 71 cents per share. Wall
Street expected results to range from 54 cents to 95 cents per
share.
    * Revenue rose 22.6% to $76.11 million from a year ago;
analysts
expected $79.35 million. 
    * Invesco Mortgage Capital Inc's reported EPS for the
quarter was
a loss of 9 cents​.
    * The company reported a quarterly loss of $5.47 million.
    * Invesco Mortgage Capital Inc shares had risen by 11.3%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the specialized
reits
peer group is also "hold"

Wall Street's median 12-month price target for Invesco Mortgage
Capital Inc is $8.00 
This summary was machine generated from LSEG data February 21 at
07:15 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.71           0.53           Missed
 Sep. 30 2024      0.79           0.68           Missed
 Jun. 30 2024      0.99           0.86           Missed
 Mar. 31 2024      1.13           0.86           Missed