Orchid Island Capital Inc expected to post a loss of 1 cent a share - Earnings Preview

Orchid Island Capital

25/07/2023 22:17

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
fall in quarterly revenue when it reports  results on July 27. 
    * The Vero Beach Florida-based  company is expected to
report  a
63.6% decrease in revenue to $9.85 million from $27.09 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orchid Island
Capital Inc
is for a loss of 1 cent per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023              0.35       -0.24     Missed  -168.6
 Dec. 31 2023  0.29        0.30       -0.09     Missed  -130
 Sep. 30 2022  0.65        0.65       0.26      Missed  -60​
 Jun. 30 2022  0.66        0.73       0.60      Missed  -18.2
 ​​Mar.        0.93        0.93       1.00      Beat    8.1
 31 2022                                                
 Dec. 31 2021  1.13        1.13       1.15      Beat    1.5​
 Sep. 30 2021  1.16        1.18       1.10      Missed  -6.4
 Jun. 30 2021              1.30       -0.85     Missed  -165.4
 This summary was machine generated July 25 at 21:17 GMT.  All
figures in US dollars  unless otherwise stated