AG Mortgage Investment Trust Inc expected to post earnings of 22  cents a share - Earnings Preview

TPG Mortgage Investment Trust

04/05/2022 19:34

* AG Mortgage Investment Trust Inc  MITT.N   MITT.K  is
expected
to show a rise in quarterly revenue when it reports  results on
May 6. 
    * The New York City-based  company is expected to report  a
173.1% increase in revenue to $22.009 million from $8.06 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 earnings of 22 cents per share. For the same
quarter last year, the company reported earnings of $2.73 per
share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $11​, above​ its last closing price
of $7.75. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  0.18        0.29       2.73      Beat    857.9
 ​​Dec.        0.12        0.12       3.48      Beat    2,800
 31 2020                                                
 Sep. 30 2020  0.11        0.11       -0.78     Missed  -784.2
                                                        ​
 Jun. 30 2020  0.13        0.13       -0.99     Missed  -850
 Mar. 31 2020  0.42        0.89       1.02      Beat    14.1
 This summary was machine generated May 4 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated