AG Mortgage Investment Trust Inc expected to post a loss of 7  cents a share - Earnings Preview

TPG Mortgage Investment Trust

26/07/2022 19:36

* AG Mortgage Investment Trust Inc  MITT.N   MITT.K  is
expected
to show a rise in quarterly revenue when it reports  results on
July 28 (estimated). 
    * The New York City-based  company is expected to report  a
99.8% increase in revenue to $17.846 million from $8.93 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AG Mortgage
Investment
Trust Inc is for a loss of 7 cents per share. For the same
quarter last year, the company reported earnings of 70 cents per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"hold" and 1 "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 AG Mortgage
Investment Trust Inc is $9​, above​ its last closing price
of $7.45. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.22        0.22       -0.74     Missed  -430.9
 Dec. 31 2022  0.17        0.17       0.33      Beat    89.2
 Sep. 30 2021  0.15        0.15       1.87      Beat    1,152.
                                                        9​
 Jun. 30 2021  0.16        0.18       0.70      Beat    285.7
 ​​Mar.        0.18        0.29       2.73      Beat    857.9
 31 2021                                                
 Dec. 31 2020  0.12        0.12       3.48      Beat    2,800​
 Sep. 30 2020  0.11        0.11       -0.78     Missed  -784.2
 Jun. 30 2020  0.13        0.13       -0.99     Missed  -850
 This summary was machine generated July 26 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated