Recap: Granite Point Mortgage Q1 Earnings


Granite Point Mortgage GPMT reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:55 PM.

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


Granite Point Mortgage beat estimated earnings by 25.0%, reporting an EPS of $0.2 versus an estimate of $0.16.

Revenue was down $599 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.63% drop in the share price the next day.

Here's a look at Granite Point Mortgage's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.17 0.21 0.22 0.04
EPS Actual -0.16 0.17 0.22 0.05
Revenue Estimate 18.84M 22.16M 23.24M 22.76M
Revenue Actual 20.98M 18.29M 21.93M 23.51M

To track all earnings releases for Granite Point Mortgage visit their earnings calendar here.

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

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