Ellington Credit (EARN) Q2 Earnings Surpass Estimates
EARNEllington Residential Mortgage REIT(EARN) ZACKS·2024-08-13 07:41

Ellington Credit (EARN) came out with quarterly earnings of 0.36pershare,beatingtheZacksConsensusEstimateof0.36 per share, beating the Zacks Consensus Estimate of 0.24 per share. This compares to earnings of 0.17pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof500.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this residential mortgage real estate investment trust would post earnings of 0.24 per share when it actually produced earnings of $0.27, delivering a surprise of 12.50%.O ...