Recap: New York Mortgage Trust Q1 Earnings - New York Mortgage Trust (NASDAQ:NYMT)

New York Mortgage Trust NYMT reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

New York Mortgage Trust missed estimated earnings by 414.29%, reporting an EPS of $-0.22 versus an estimate of $0.07.

Revenue was down $461.00 thousand from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 0.56% increase in the share price the next day.

Here's a look at New York Mortgage Trust's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.11	0.11	0.11	0.12
EPS Actual	0.06	0.10	0.11	0.11
Revenue Estimate	48.68M	43.70M	43.89M	37.15M
Revenue Actual	30.77M	31.03M	31.48M	30.34M

To track all earnings releases for New York Mortgage Trust visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.