Western Asset Mortgage Capital Corp expected to post earnings of 30  cents a share - Earnings Preview

Western Asset Mortgage Capital

03/05/2023 03:08

* Western Asset Mortgage Capital Corp  WMC.N   WMC  is
expected
to show a rise in quarterly revenue when it reports  results on
May 4. 
    * The Pasadena California-based  company is expected to
report  a
27.1% increase in revenue to $5.442 million from $4.28 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Western Asset
Mortgage
Capital Corp is for earnings of 30 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Western
Asset
Mortgage Capital Corp is $17.5​, above​ its last closing price
of $8.34. ​​​

This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated