Ellington Residential Mortgage REIT (EARN) Misses Q3 EPS by 2c
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Ellington Residential Mortgage REIT Reports Third Quarter 2018 Results
November 5, 2018 4:39 PM ESTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended September30, 2018.
Highlights
Net income of $0.9 million, or $0.07 per share. Core Earnings1 of $3.7 million, or $0.29 per share, and Adjusted Core Earnings1 of $4.1 million, or $0.32 per share. Book value of $13.40 per share as of September30, 2018, after giving effect to a third quarter dividend of $0.37 per share. Net interest margin of 1.02%, and adjusted net interest margin2 of 1.12%.... More