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

Invesco Mortgage Capital

04/08/2023 09:24

* Invesco Mortgage Capital Inc  IVR.N  reported quarterly
adjusted
earnings of $1.45​​ per share for the quarter ended in June. The
mean expectation of three analysts for the quarter was
for earnings of $1.08 per share.
    * Revenue rose 60.3% to $71.43 million from a year ago;
analysts
expected $71.55 million. 
    * Invesco Mortgage Capital Inc's reported EPS for the
quarter was
a loss of 3 cents​.
    * The mean earnings estimate of analysts had risen by
about 22.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Invesco Mortgage Capital Inc shares had fallen by 1.4%
this
quarter and lost 11.2% so far this year.
    * The company reported a quarterly loss of $1.4 million.
    * Wall Street's median 12-month price target for Invesco
Mortgage
Capital Inc is $10.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 08:24 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.08           1.45           Beat
 Mar. 31 2023      0.86           1.50           Beat
 Dec. 31 2022      0.87           1.46           Beat
 Sep. 30 2022      0.94           1.39           Beat