AG Mortgage Investment Trust Inc reports results for the quarter ended June 30 - Earnings Summary

TPG Mortgage Investment Trust

01/08/2025 14:32

AG Mortgage Investment Trust Inc MITT.N reported a quarterly adjusted loss of 5 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -2 cents.  The mean expectation of six analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 17 cents to 23 cents per share.

Revenue rose 8.4% to $17.75 million from a year ago; analysts expected $20.80 million.

AG Mortgage Investment Trust Inc's reported EPS for the quarter was a loss of 5 cents​.

The company reported a quarterly loss of $1.38 million.

AG Mortgage Investment Trust Inc shares had risen by 0.1% this quarter and gained 13.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 18.9% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for AG Mortgage Investment Trust Inc is $8.50, about 11.1% above its last closing price of $7.56

This summary was machine generated from LSEG data August 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
0.21
-0.05
Missed
Mar. 31 2025
0.17
0.21
Beat
Dec. 31 2024
0.16
0.30
Beat
Sep. 30 2024
0.16
0.40
Beat