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

TPG Mortgage Investment Trust

24/02/2022 12:57

* AG Mortgage Investment Trust Inc  MITT.N  reported
quarterly
adjusted earnings of 33 cents​​ per share for the quarter ended
in December. The mean expectation of five analysts for the
quarter was for earnings of 17 cents per share.
    * Revenue rose 95.2% to $13.99 million from a year ago; 
analysts
expected $22.16 million. 
    * AG Mortgage Investment Trust Inc's reported EPS for the
quarter
was 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * AG Mortgage Investment Trust Inc shares had fallen
by 11.0% this
quarter.
    * The company reported quarterly net income of $6.28
million.
    * Wall Street's median 12-month price target for AG Mortgage
Investment Trust Inc is $13.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated February 24 at 12:56 p.m.
 ​All figures in US dollars unless otherwise stated