AG Mortgage Investment Trust Inc expected to post earnings of 9  cents a share - Earnings Preview

TPG Mortgage Investment Trust

31/10/2023 19:05

* AG Mortgage Investment Trust Inc  MITT.N   MITT.K  is
expected
to show a fall in quarterly revenue when it reports  results on
November 2 (estimated). 
    * The New York City-based  company is expected to report  a
17.8% decrease in revenue to $12.727 million from $15.49 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for AG Mortgage
Investment
Trust Inc is for earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $7​, above​ its last closing price
of $5.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.11        0.11       0.17      Beat    51.1
 Mar. 31 2023  0.08        0.14       0.38      Beat    176.4
 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.        -0.18       -0.07      -2.27     Missed  -2,926
 30 2022                                                .7
 Mar. 31 2022  0.22        0.22       -0.74     Missed  -430.9
                                                        ​
 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
 This summary was machine generated October 31 at 19:05 GMT.  All
figures in US dollars  unless otherwise stated