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

TPG Mortgage Investment Trust

06/05/2021 18:47

* AG Mortgage Investment Trust Inc  MITT.N  reported quarterly
adjusted earnings of 91 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 5 cents per share.
* Revenue fell 60.3% to $8.06 million from a year ago​; 
analysts expected $12.03 million.
* AG Mortgage Investment Trust Inc's reported EPS for the
quarter was 91 cents​.
* The mean earnings estimate of analysts had risen by about 400%
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 3.2%
this quarter and gained 32.2% so far this year.
* The company reported quarterly net income of $38.68 million.
* Wall Street's median 12-month price target for AG Mortgage
Investment Trust Inc is $3.50 
* The current average analyst rating on the shares is "sell" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 2 "sell" or "strong sell." 
This summary was machine generated May 6 at 05:47 p.m. GMT. ​All
figures in US Dollars.​