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

Western Asset Mortgage Capital

04/08/2021 24:28

* Western Asset Mortgage Capital Corp  WMC.N  reported quarterly
adjusted earnings of 5 cents​​ per share for the quarter ended
in June. The mean expectation of three analysts for the quarter
was for earnings of 8 cents per share.
* Revenue fell 22.8% to $6.59 million from a year ago;  analysts
expected $11.22 million. 
* Western Asset Mortgage Capital Corp's reported EPS for the
quarter was a loss of 66 cents​.
* The mean earnings estimate of analysts had fallen by
about 7.7% 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 4.3%
this quarter and lost 4.6% so far this year.
* Wall Street's median 12-month price target for Western Asset
Mortgage Capital Corp is $3.25 
* 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 August 3 at 11:27 p.m.  ​All
figures in US dollars unless otherwise stated