Orchid Island Capital Inc expected to post earnings of 19  cents a share - Earnings Preview

Orchid Island Capital

27/04/2022 24:46

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
rise in quarterly revenue when it reports  results on April 28. 
    * The Vero Beach Florida-based  company is expected to
report  a
51.9% increase in revenue to $37.836 million from $24.92 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 earnings of 19 cents per share. For the same quarter last
year, the company reported a loss of 34 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"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 $4.25​, above​ its last closing price of $2.86.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.23        0.23       0.23      Met     1.5
 Sep. 30 2021  0.23        0.24       0.22      Missed  -6.4
 Jun. 30 2021              0.26       -0.17     Missed  -165.4
                                                        ​
 Mar. 31 2021  0.25        0.26       -0.34     Missed  -230.8
 ​​Dec.        0.26        0.26       0.23      Missed  -11.5
 31 2020                                                
 Sep. 30 2020  0.20        0.20       0.42      Beat    110​
 Jun. 30 2020  0.16        0.21       0.73      Beat    256.1
 Mar. 31 2020  0.23        0.23       -1.41     Missed  -713
 This summary was machine generated April 26 at 23:46 GMT.  All
figures in US dollars  unless otherwise stated