Wunderlich Securities Upgrades Western Asset Mortgage Capital (WMC) to Buy
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Western Asset Mortgage Capital (WMC) Reports Q2 Core EPS of $0.30
August 3, 2016 5:31 PM EDTWestern Asset Mortgage Capital (NYSE: WMC) reported Q2 core EPS of $0.30, versus $0.23 reported last year.
"I am pleased to report that we delivered improved performance in the second quarter, generating an economic return on book value of 3.9% and higher sequential core earnings plus drop income of $12.7 million, or $0.30 per share," said Jennifer Murphy, Chief Executive Officer of the Company. "Our second... More
