AG Mortgage Investment: Q2 Earnings Insights

AG Mortgage Investment MITT reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.

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

Earnings

AG Mortgage Investment beat estimated earnings by 122.86%, reporting an EPS of $0.08 versus an estimate of $-0.35.

Revenue was up $7.30 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.24 which was followed by a 1.92% increase in the share price the next day.

Here's a look at AG Mortgage Investment's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.22 0.17 0.15 0.06
EPS Actual -0.02 -0.05 0.96 0
Revenue Estimate 22.01M 22.15M 15.92M 11.76M
Revenue Actual 17.30M 13.99M 12.43M 8.93M

To track all earnings releases for AG Mortgage Investment visit their earnings calendar here.

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

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