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

Western Asset Mortgage Capital

02/03/2023 23:35

* Western Asset Mortgage Capital Corp  WMC.N  reported
quarterly
adjusted earnings of 33 cents​​ per share for the quarter ended
in December. The lone analyst forecast for the quarter was
for earnings of 31 cents per share.
    * Revenue rose 3.1% to $4.77 million from a year ago;
analysts
expected $5.55 million. 
    * Western Asset Mortgage Capital Corp's reported EPS for the
quarter was a loss of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 48.3%
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 risen
by 8.7%
this quarter.
    * The company reported a quarterly loss of $828 thousand.
    * Wall Street's median 12-month price target for Western
Asset
Mortgage Capital Corp is $17.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 11:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.31           0.33           Beat
 Sep. 30 2022      0.65           0.37           Missed
 Jun. 30 2022      0.52           0.44           Missed
 Mar. 31 2022      0.63           0.10           Missed