AG Mortgage Investment Trust Inc expected to post earnings of 26 cents a share - Earnings Preview

TPG Mortgage Investment Trust

31/07/2024 16:41

* AG Mortgage Investment Trust Inc  MITT.N   MITT.K  is
expected
to show a rise in quarterly revenue when it reports  results on
August 2 for the period ending June 30 2024
    * The New York City-based  company is expected to report a
49.9% increase in revenue to $17.026 million from $11.36 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represents Net Interest Income)
    * ​LSEG's mean analyst estimate for AG Mortgage Investment
Trust
Inc is for earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "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 $8.00​, above​ its last closing price
of $7.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.16        0.16       0.55      Beat    254.8
 Dec. 31 2024  0.17        0.15       0.03      Missed  -79.7
 Sep. 30 2023  0.08        0.09       -0.33     Missed  -488.2
                                                        ​
 Jun. 30 2023  0.11        0.11       0.17      Beat    51.1
 ​​Mar.        0.08        0.14       0.38      Beat    176.4
 31 2023                                                
 Dec. 31 2022  0.14        0.15       0.33      Beat    127.3​
 Sep. 30 2022  -0.17       -0.01      -0.33     Missed  -4,130
                                                        .8
 Jun. 30 2022  -0.18       -0.07      -2.27     Missed  -2,926
                                                        .7
 This summary was machine generated July 31 at 15:41 GMT.  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)