Shares of Capstead Mortgage CMO fell 3.3% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were flat 0.00% year over year to $0.15, which missed the estimate of $0.16.
Revenue of $31,389,000 declined by 57.74% from the same period last year, which missed the estimate of $37,230,000.
Guidance
Capstead Mortgage hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Technicals
Company's 52-week high was at $8.42
52-week low: $1.97
Price action over last quarter: Up 3.58%
Company Overview
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
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