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

Invesco Mortgage Capital

21/02/2023 22:55

* Invesco Mortgage Capital Inc  IVR.N  reported quarterly
adjusted
earnings of $1.46​​ per share for the quarter ended in December.
The mean expectation of four analysts for the quarter was
for earnings of 87 cents per share.
    * Revenue rose 35.5% to $58.06 million from a year ago;
analysts
expected $51.25 million. 
    * Invesco Mortgage Capital Inc's reported EPS for the
quarter was
84 cents​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Invesco Mortgage Capital Inc shares had risen by 7.4% this
quarter.
    * The company reported quarterly net income of $30.6
million.
    * Wall Street's median 12-month price target for Invesco
Mortgage
Capital Inc is $12.50 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 10:55 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.87           1.46           Beat
 Sep. 30 2022      0.94           1.39           Beat
 Jun. 30 2022      0.87           1.40           Beat
 Mar. 31 2022      0.88           1.20           Beat