On Tuesday, New York Mortgage Trust NYMT will release its latest earnings report. Decipher the announcement with Benzinga's help.
Earnings and Revenue
Based on management's projections, New York Mortgage Trust analysts model for earnings of 15 cents per share on sales of $22 million.
Revenue would be have grown 48.51 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
| Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
| EPS Estimate | 0.14 | 0.15 | 0.15 | 0.16 |
| EPS Actual | 0.21 | 0.1 | 0.14 | 0.09 |
Stock Performance
Over the last 52-week period, shares are down 14.11 percent. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts seem to have settled on a Neutral rating with New York Mortgage Trust. The strength of this rating has risen over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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