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

Orchid Island Capital

29/04/2022 10:25

* Orchid Island Capital Inc  ORC.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 19 cents per share.
    * Revenue rose 57.3% to $39.20 million from a year ago; 
analysts
expected $37.84 million. 
    * Orchid Island Capital Inc's reported EPS for the quarter
was a
loss of 84 cents​.
    * The mean earnings estimate of analysts had fallen by
about 20.7%
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 11.7% this
quarter and lost 36.2% so far this year.
    * The company reported a quarterly loss of $148.73 million.
    * Wall Street's median 12-month price target for Orchid
Island
Capital Inc is $4.25 
    * 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." 

This summary was machine generated April 29 at 09:25 a.m.  ​All
figures in US dollars unless otherwise stated