Ellington Residential Mortgage REIT Reports First Quarter 2021 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Ellington Residential Mortgage REIT (EARN) Misses Q1 EPS by 2c, Revenues Beat
May 3, 2021 4:57 PM EDTEllington Residential Mortgage REIT (NYSE: EARN) reported Q1 EPS of $0.31, $0.02 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $5.75 million versus the consensus estimate of $5.49 million.
Highlights
Net income of $0.1 million, or $0.01 per share.Core Earnings1 of $3.8 million, or $0.31 per share.Book value of $13.22 per share as of March 31, 2021, which includes the effect of a first quarter dividend of $0.28 per share. Economic return of 0.1% for the quarter.Net interest margin2 of 1.96%.Weighted average constant prepayment rate ("CPR") for the fixed-rate... More