Orchid Island Capital Inc expected to post earnings of 65cents a share - Earnings Preview

Orchid Island Capital

26/10/2022 02:44

* Orchid Island Capital Inc  ORC.N   ORC  is expected
to show a
fall in quarterly revenue when it reports  results on October
27. 
    * The Vero Beach Florida-based  company is expected to
report  a
19.5% decrease in revenue to $26.256 million from $32.6 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Orchid Island
Capital Inc
is for earnings of 65 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. ​
    * Wall Street's median 12-month price target for Orchid
Island
Capital Inc is $21.25​, above​ its last closing price of $9.99.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.66        0.73       0.60      Missed  -18.2
 Mar. 31 2022  0.93        0.93       0.95      Beat    2.7
 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.                    1.30       -0.85     Missed  -165.4
 30 2021                                                
 Mar. 31 2021  1.25        1.30       -1.70     Missed  -230.8
                                                        ​
 Dec. 31 2020  1.30        1.30       1.15      Missed  -11.5
 Sep. 30 2020  1.00        1.00       2.10      Beat    110
 This summary was machine generated October 26 at 01:44 GMT.  All
figures in US dollars  unless otherwise stated