New York Mortgage Trust (NYMT) Reports Q2 Loss, Tops Revenue Estimates
NYMTNew York Mortgage Trust(NYMT) ZACKS·2024-08-01 07:01

New York Mortgage Trust (NYMT) came out with a quarterly loss of 0.25pershareversustheZacksConsensusEstimateof0.25 per share versus the Zacks Consensus Estimate of 0.05. This compares to loss of 0.33pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof6000.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -600%. A quarter ago, it was expected that this real estate investment trust would post earnings of 0.12 per share when it actually produced a loss of $0.30, delivering a surprise of -350%.Over the last four quarters, the c ...