Recap: AG Mortgage Investment Q3 Earnings

AG Mortgage Investment MITT reported its Q3 earnings results on Friday, November 4, 2022 at 06:30 AM.

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

Earnings

AG Mortgage Investment missed estimated earnings by 200.0%, reporting an EPS of $-0.03 versus an estimate of $-0.01.

Revenue was up $3.06 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.43 which was followed by a 9.09% drop in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate -0.35 0.22 0.17 0.15
EPS Actual 0.08 -0.02 -0.05 0.96
Revenue Estimate 17.85M 22.01M 22.15M 15.92M
Revenue Actual 16.24M 17.30M 13.99M 12.43M

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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