Orchid Island Capital Inc expected to post earnings of 23  cents a share - Earnings Preview

Orchid Island Capital

23/02/2022 03:01

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
rise in quarterly revenue when it reports  results on February
24. 
    * The Vero Beach Florida-based  company is expected to
report  a
79.0% increase in revenue to $38.105 million from $21.29 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orchid Island
Capital Inc
is for earnings of 23 cents per share. For the same quarter last
year, the company reported earnings of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $5.13​, about 28.8% above​ its last closing price
of $3.65. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  0.26        0.26       0.23      Missed  -11.5
 ​​Sep.        0.20        0.20       0.42      Beat    110
 30 2020                                                
 Jun. 30 2020  0.16        0.21       0.73      Beat    256.1​
 Mar. 31 2020  0.23        0.23       -1.41     Missed  -713
 Dec. 31 2019  0.19        0.20       0.29      Beat    48.7
 This summary was machine generated February 23 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated