Ellington Financial (EFC) Tops Q3 EPS by 2c
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Ellington Financial Inc. Reports Third Quarter 2022 Results
November 7, 2022 4:22 PM ESTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended September 30, 2022.
Highlights
Net loss of $(33.3) million, or $(0.55) per common share. Adjusted Distributable Earnings1 of $26.5 million, or $0.44 per share. Book value per common share as of September 30, 2022 of $15.22, including the effects of dividends of $0.45 per common share for the quarter. Credit strategy gross loss of $(11.3) million for the quarter, or $(0.19) per share. Agency strategy gross loss of $(10.7) million for the quarter, or... More