Western Asset Mortgage Capital Corp expected to post earnings of 8 cents a share - Earnings Preview

Western Asset Mortgage Capital

31/07/2021 03:04

* Western Asset Mortgage Capital Corp  WMC.N   WMC  is expected
to show a rise in quarterly revenue when it reports results on
August 3. 
* The Pasadena, California-based company is expected to report 
 a 31.4% increase in revenue to $11.217 million from $8.54
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 8 cents per share. For the same
quarter last year, the company reported earnings of 11 cents per
share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "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 $3.25​, about 4.6% above​ its last
closing price of $3.10. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.08        0.09       0.10      Beat    15.4
 Dec. 31 2020  0.10        0.08       0.12      Beat    50
 Sep. 30 2020  0.08        0.08       0.10      Beat    33.3​
 Jun. 30 2020  0.03        0.03       0.11      Beat    266.7
 Mar.          0.12​       0.12       0.29      Beat    141.7​
 31​ 2020​                                              
 Dec. 31 2019  0.30        0.30       0.30      Met     1.7​
 Sep. 30 2019  0.31        0.31       0.28      Missed  -9.7
 Jun. 30 2019  0.32        0.32       0.31      Missed  -3.1
 This summary was machine generated July 31 at 02:04 GMT.  All
figures in US dollars unless otherwise stated