Orchid Island Capital Inc reports results for the quarter ended March 31 - Earnings Summary

Orchid Island Capital

24/04/2025 22:02

Orchid Island Capital Inc ORC.N reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -12 cents.  The mean expectation of four analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 2 cents to 9 cents per share.

Revenue rose 891.7% to $19.71 million from a year ago; analysts expected $9.80 million.

Orchid Island Capital Inc's reported EPS for the quarter was 18 cents​.

The company reported quarterly net income of $17.12 million.

Orchid Island Capital Inc shares had fallen by 8.4% this quarter and lost 11.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 100% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is  "hold."

Wall Street's median 12-month price target for Orchid Island Capital Inc is $8.00

This summary was machine generated from LSEG data April 24 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.07
0.16
Beat
Dec. 31 2024
0.00
0.05
Beat
Sep. 30 2024
-0.07
-0.05
Beat
Jun. 30 2024
-0.07
-0.08
Missed