Orchid Island Capital Inc reports results for the quarter ended in December - Earnings Summary

Orchid Island Capital

25/02/2022 10:49

* Orchid Island Capital Inc  ORC.N  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 23 cents per share.
    * Revenue rose 99.2% to $42.40 million from a year ago; 
analysts
expected $38.11 million. 
    * Orchid Island Capital Inc's reported EPS for the quarter
was a
loss of 27 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Orchid Island Capital Inc shares had fallen by 20.1% this
quarter.
    * The company reported a quarterly loss of $44.56 million.
    * Wall Street's median 12-month price target for Orchid
Island
Capital Inc is $5.13 
    * 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." 

This summary was machine generated February 25 at 10:48 a.m.
 ​All figures in US dollars unless otherwise stated