AG Mortgage Investment Trust Inc expected to post earnings of 5  cents a share - Earnings Preview

TPG Mortgage Investment Trust

04/05/2021 17:09

* AG Mortgage Investment Trust Inc  MITT.N   MITT.K  is expected
to show a fall in quarterly revenue when it reports results on
May 6.
* The New York City, New York-based company is expected to
report  a 40.7% decrease in revenue to $12.031 million from
$20.3 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 5 cents per share. For the same
quarter last year, the company reported earnings of 34 cents per
share.
* The current average analyst rating on the shares is "sell" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "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 $3.5​, about 14.6% below​ its last
closing price of $4.01. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.04        0.04       1.16      Beat    2,800
 Sep. 30 2020  0.04        0.04       -0.26     Missed  -784.2
 Jun. 30 2020  0.04        0.04       -0.33     Missed  -850​
 Mar. 31 2020  0.14        0.30       0.34      Beat    14.1
 Dec.          0.44​       0.44       0.52      Beat    19.2​
 31​ 2019​                                              
 Sep. 30 2019  0.43        0.43       0.40      Missed  -7​
 Jun. 30 2019  0.46        0.48       0.36      Missed  -25.1
 Mar. 31 2019  0.50        0.50       0.47      Missed  -6.5
 This summary was machine generated May 4 at 16:09 GMT.  All
figures in US dollars unless otherwise stated