New York Mortgage Trust Reports Fourth Quarter and Full Year 2019 Results
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New York Mortgage Trust (NYMT) Tops Q4 EPS by 4c
February 24, 2020 4:38 PM ESTNew York Mortgage Trust (NASDAQ: NYMT) reported Q4 EPS of $0.21, $0.04 better than the analyst estimate of $0.17.
Steven Mumma, Chairman and Chief Executive Officer, commented: During a year in which the Company nearly doubled its equity market capitalization and investment portfolio, the steady and disciplined execution of the Companys credit-focused investment strategy by its team of professionals has produced impressive results. The Company finished the year on a strong note, generating $0.20 per share of GAAP earnings and $0.21 per share of comprehensive income for the fourth quarter of 2019. For... More
