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

TPG Mortgage Investment Trust

06/05/2022 14:31

* AG Mortgage Investment Trust Inc  MITT.N  reported a
quarterly
adjusted loss of 74 cents​​ per share for the quarter ended in
March. The mean expectation of five analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 114.6% to $17.30 million from a year ago; 
analysts
expected $22.01 million. 
    * AG Mortgage Investment Trust Inc's reported EPS for the
quarter
was a loss of 74 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * AG Mortgage Investment Trust Inc shares had fallen
by 16.0% this
quarter and lost 23.8% so far this year.
    * The company reported a quarterly loss of $17.79 million.
    * Wall Street's median 12-month price target for AG Mortgage
Investment Trust Inc is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 6 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated