Orchid Island Capital Inc expected to post breakeven results a share - Earnings Preview

Orchid Island Capital

28/01/2025 21:05

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
rise in quarterly revenue when it reports  results on January 30
for the period ending December 31 2024
    * The Vero Beach Florida-based  company is expected to
report a
200.8% decrease in revenue to $2.809 million from $-2.79 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (Revennue consensus is on Net Interest
Income.)
    * ​LSEG's mean analyst estimate for Orchid Island Capital
Inc is
for breakeven results per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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. ​
    * Wall Street's median 12-month price target for Orchid
Island
Capital Inc is $9.50​, above​ its last closing price of $7.90.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  -0.06       -0.07      -0.05     Beat    28.6
 Jun. 30 2024  -0.07       -0.07      -0.08     Missed  -10.3
 Mar. 31 2024  -0.09       -0.09      -0.12     Missed  -33.3​
 Dec. 31 2023  -0.25       -0.25      1.16      Beat    557.9
 ​​Sep.        -0.24       -0.22      -0.28     Missed  -24.4
 30 2023                                                
 Jun. 30 2023  -0.04       -0.01      -0.34     Missed  -2,450
                                                        .6​
 Mar. 31 2023              0.35       -0.24     Missed  -168.6
 Dec. 31 2022  0.29        0.30       -0.09     Missed  -130
 This summary was machine generated January 28 at 21:05 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)