Western Asset Mortgage Capital Corp reports results for the quarter ended in December - Earnings Summary

Western Asset Mortgage Capital

03/03/2022 08:36

* Western Asset Mortgage Capital Corp  WMC.N  reported
quarterly
adjusted earnings of 1 cent​​ per share for the quarter ended in
December. The mean expectation of three analysts for the quarter
was for earnings of 6 cents per share.
    * Revenue fell 51.3% to $4.63 million from a year ago; 
analysts
expected $7.26 million. 
    * Western Asset Mortgage Capital Corp's reported EPS for the
quarter was a loss of 20 cents​.
    * 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. 
    * Western Asset Mortgage Capital Corp shares had fallen
by 12.8%
this quarter.
    * The company reported a quarterly loss of $12.06 million.
    * Wall Street's median 12-month price target for Western
Asset
Mortgage Capital Corp is $3.00 
    * 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." 

This summary was machine generated March 3 at 08:36 a.m.  ​All
figures in US dollars unless otherwise stated