Ellington Residential Mortgage REIT (EARN) Misses Q1 EPS by 3c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Ellington Residential Mortgage REIT Reports First Quarter 2023 Results
May 11, 2023 4:27 PM EDTOLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Residential Mortgage REIT (NYSE: EARN) (the "Company") today reported financial results for the quarter ended March 31, 2023.
Highlights
Net income (loss) of $2.3 million, or $0.17 per share. Adjusted Distributable Earnings1 ("ADE") of $2.8 million, or $0.21 per share. Book value of $8.31 per share as of March 31, 2023, which includes the effects of dividends of $0.24 per share for the quarter. Net interest margin2 of 1.16%. Weighted average constant prepayment rate ("CPR") for the fixed-rate Agency specified pool portfolio of... More