Ellington Residential Mortgage REIT (EARN) Reports Q3 EPS of $0.69
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Ellington Residential Mortgage REIT Reports Third Quarter 2015 Results
November 3, 2015 5:22 PM ESTOLD GREENWICH, Conn., Nov. 3, 2015 /PRNewswire/ -- Ellington Residential Mortgage REIT (NYSE: EARN) today reported financial results for the quarter ended September 30, 2015.
Summary of Financial Results
Net loss for the quarter was $4.8 million, or $0.53 per share, as compared to net income of $0.2 million, or $0.02 per share, in the second quarter of 2015. Core Earnings1 for the quarter was $6.3 million, or $0.69 per share, as compared to $5.2 million, or $0.57 per share, in the second quarter of 2015. Book value decreased to $16.20 per share as of September 30, 2015 from... More