Western Asset Mortgage Capital Corp expected to post earnings of 65cents a share - Earnings Preview

Western Asset Mortgage Capital

02/11/2022 02:11

* Western Asset Mortgage Capital Corp  WMC.N   WMC  is
expected
to show a rise in quarterly revenue when it reports  results on
November 3. 
    * The Pasadena California-based  company is expected to
report  a
28.1% increase in revenue to $9.175 million from $7.16 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Western Asset
Mortgage
Capital Corp is for earnings of 65 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * 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 $20​, above​ its last closing price
of $10.74. ​​​

This summary was machine generated November 2 at 02:10 GMT.  All
figures in US dollars  unless otherwise stated