AG Mortgage Investment Trust Inc reports results for the quarter ended December 31 - Earnings Summary

TPG Mortgage Investment Trust

03/03/2025 14:31

AG Mortgage Investment Trust Inc MITT.N reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of six analysts for the quarter was for earnings of 16 cents per share. Wall Street expected results to range from 10 cents to 22 cents per share.

Revenue rose 30.3% to $17.38 million from a year ago; analysts expected $18.44 million.

AG Mortgage Investment Trust Inc's reported EPS for the quarter was 30 cents​.

The company reported quarterly net income of $8.82 million.

AG Mortgage Investment Trust Inc shares had risen by 13.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for AG Mortgage Investment Trust Inc is $8.25

This summary was machine generated from LSEG data March 3 at 02:31 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.16
0.30
Beat
Sep. 30 2024
0.16
0.40
Beat
Jun. 30 2024
0.26
-0.02
Missed
Mar. 31 2024
0.16
0.55
Beat