TPG Mortgage Investment Trust Inc reports results for the quarter ended September 30 - Earnings Summary
TPG Mortgage Investment Trust Inc reports results for the quarter ended September 30 - Earnings Summary
TPG Mortgage Investment Trust Inc MITT.N reported quarterly adjusted earnings of 21 cents per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of five analysts for the quarter was for earnings of 28 cents per share. Wall Street expected results to range from 25 cents to 31 cents per share.
Revenue rose 6.2% to $20.68 million from a year ago; analysts expected $22.15 million.
TPG Mortgage Investment Trust Inc's reported EPS for the quarter was a loss of 49 cents.
The company reported a quarterly loss of $15.74 million.
TPG Mortgage Investment Trust Inc shares had fallen by 1.0% this quarter and lost 33.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged 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 "hold."
Wall Street's median 12-month price target for TPG Mortgage Investment Trust Inc is $8.00, about 29.1% above its last closing price of $5.67
This summary was machine generated from LSEG data November 4 at 02:33 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 |
Sep. 30 2026 | 0.28 | 0.21 | Missed |
Jun. 30 2026 | 0.27 | 0.24 | Missed |
Mar. 31 2026 | 0.24 | 0.26 | Beat |
Dec. 31 2025 | 0.22 | 0.25 | Beat |
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