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

Western Asset Mortgage Capital

07/05/2021 20:15

* Western Asset Mortgage Capital Corp  WMC.N  reported quarterly
adjusted earnings of 10 cents​​ per share for the quarter ended
in March. The mean expectation of three analysts for the quarter
was for earnings of 9 cents per share.
* Revenue fell 50.7% to $9.25 million from a year ago​; 
analysts expected $10.68 million.
* Western Asset Mortgage Capital Corp's reported EPS for the
quarter was 13 cents​.
* The mean earnings estimate of analysts had risen by about 13%
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 0.9%
this quarter and lost 3.1% so far this year.
* The company reported quarterly net income of $7.95 million.
* 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 May 7 at 07:15 p.m. GMT. ​All
figures in US Dollars.​