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

TPG Mortgage Investment Trust

23/02/2023 14:33

* 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 15 cents per share.
    * Revenue fell 11.6% to $12.36 million from a year ago;
analysts
expected $17.70 million. 
    * AG Mortgage Investment Trust Inc's reported EPS for the
quarter
was 33 cents​.
    * The mean earnings estimate of analysts had risen by
about 12.6%
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 risen by 13.2%
this
quarter.
    * The company reported quarterly net income of $7.11
million.
    * Wall Street's median 12-month price target for AG Mortgage
Investment Trust Inc is $7.75 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:33 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.15           0.33           Beat
 Sep. 30 2022      -0.01          -0.33          Missed
 Jun. 30 2022      -0.07          -2.27          Missed
 Mar. 31 2022      0.22           -0.74          Missed