Recap: New York Mortgage Trust Q2 Earnings

New York Mortgage Trust NYMT reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.

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

Earnings

New York Mortgage Trust missed estimated earnings by 2300.0%, reporting an EPS of $-0.22 versus an estimate of $0.01.

Revenue was down $5.35 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.29 which was followed by a 2.68% drop in the share price the next day.

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

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.07 0.11 0.11 0.11
EPS Actual -0.22 0.06 0.10 0.11
Revenue Estimate 36.55M 48.68M 43.70M 43.89M
Revenue Actual 29.88M 30.77M 31.03M 31.48M

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.

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