Orchid Island Capital Inc expected to post a loss of 9 cents a share - Earnings Preview

Orchid Island Capital

23/04/2024 22:55

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
rise in quarterly revenue when it reports  results on April 25
for the period ending March 31 2024
    * The Vero Beach Florida-based  company is expected to
report a
23.3% decrease in revenue to $-3.227 million from $-4.2 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Orchid Island Capital
Inc is
for a loss of 9 cents 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  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.25       -0.25      1.16      Beat    557.9
 Sep. 30 2023  -0.24       -0.22      -0.28     Missed  -24.4
 Jun. 30 2023  -0.04       -0.01      -0.34     Missed  -2,450
                                                        .6​
 Mar. 31 2023              0.35       -0.24     Missed  -168.6
 ​​Dec.        0.29        0.30       -0.09     Missed  -130
 31 2022                                                
 Sep. 30 2022  0.65        0.65       0.26      Missed  -60​
 Jun. 30 2022  0.66        0.73       0.60      Missed  -18.2
 Mar. 31 2022  0.93        0.93       1.00      Beat    8.1
 This summary was machine generated April 23 at 21:55 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)