New York Mortgage Trust (NASDAQ:NYMT) reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
New York Mortgage Trust beat estimated earnings by 450.0%, reporting an EPS of $0.11 versus an estimate of $0.02.
Revenue was down $12.08 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.52 which was followed by a 4.21% drop in the share price the next day.
Here's a look at New York Mortgage Trust's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0 | -0.08 | 0.04 | 0.28 |
| EPS Actual | -0.52 | -1.32 | -0.88 | -0.88 |
| Revenue Estimate | 20.75M | 29.23M | 30.59M | 36.55M |
| Revenue Actual | 22.30M | 14.22M | 26.13M | 29.88M |
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.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
