AG Mortgage IT: Q1 Earnings Insights

AG Mortgage IT MITT reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

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

Earnings

AG Mortgage IT missed estimated earnings by 75.0%, reporting an EPS of $0.03 versus an estimate of $0.12.

Revenue was down $5.68 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 1.97% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.14 -0.01 -0.35 0.22
EPS Actual 0.05 -0.03 0.08 -0.02
Revenue Estimate 17.70M 17.83M 17.85M 22.01M
Revenue Actual 12.36M 15.49M 16.24M 17.30M

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

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

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