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

TPG Mortgage Investment Trust

30/07/2021 19:23

* AG Mortgage Investment Trust Inc  MITT.N  reported quarterly
adjusted earnings of 70 cents​​ per share for the quarter ended
in June. The mean expectation of four analysts for the quarter
was for earnings of 18 cents per share.
* Revenue rose 87.8% to $8.93 million from a year ago;  analysts
expected $11.10 million. 
* AG Mortgage Investment Trust Inc's reported EPS for the
quarter was 70 cents​.
* The mean earnings estimate of analysts had risen by
about 30.9% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* AG Mortgage Investment Trust Inc shares had fallen by 13.5%
this quarter and gained 25.2% so far this year.
* The company reported quarterly net income of $10.92 million.
* Wall Street's median 12-month price target for AG Mortgage
Investment Trust Inc is $13.13 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 
This summary was machine generated July 30 at 06:23 p.m.  ​All
figures in US dollars unless otherwise stated