Ellington Residential Mortgage (EARN) is scheduled to report 3rd quarter earnings on 11/13/2023, before the market opens.
Regarding Q3 estimates, Wall Street analysts expect Ellington Residential Mortgage to post earnings of $0.24 per share. Revenue expectations are pegged at -$626 thousand. Last quarter, Ellington Residential Mortgage missed earnings estimates, reporting EPS of $0.17 on estimates of $0.22. The stock fell by -1.93% the day after the last earnings release.
Year-to-date, EARN stock has fallen by -8.18%.
About Ellington Residential Mortgage
Ellington Residential Mortgage REIT operates as a real estate investment trust, which engages in the acquisition, investment, and management of residential mortgage and real estate-related assets. It manages a portfolio, which consists of non-agency and agency residential mortgage-backed securities; and acquires other target assets, such as residential whole mortgage loans, commercial mortgage-backed securities, mortgage-related derivatives, and other asset-backed securities. The company was founded on August 1, 2012 and is headquartered in Old Greenwich, CT.
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