Western Asset Mortgage Capital Corp expected to post earnings of 9  cents a share - Earnings Preview

Western Asset Mortgage Capital

04/05/2021 03:03

* Western Asset Mortgage Capital Corp  WMC.N   WMC  is expected
to show a fall in quarterly revenue when it reports results on
May 5.
* The Pasadena, California-based company is expected to report
 a 43.0% decrease in revenue to $10.679 million from $18.74
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 9 cents per share. For the same
quarter last year, the company reported earnings of 29 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 1.5% above​ its last
closing price of $3.20. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.12        0.12       0.29      Beat    141.7
 Dec.          0.30​       0.30       0.30      Met     1.7​
 31​ 2019​                                              
 Sep. 30 2019  0.31        0.31       0.28      Missed  -9.7​
 Jun. 30 2019  0.32        0.32       0.31      Missed  -3.1
 Mar. 31 2019  0.31        0.32       0.32      Met     1.1
 This summary was machine generated May 4 at 02:03 GMT.  All
figures in US dollars unless otherwise stated