New York Mortgage Trust (NASDAQ:NYMT) reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
New York Mortgage Trust beat estimated earnings by 1650.0%, reporting an EPS of $0.35 versus an estimate of $0.02.
Revenue was down $5.50 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $1.14 which was followed by a 1.26% drop in the share price the next day.
Here's a look at New York Mortgage Trust's past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.11 | 0.02 | 0 |
| EPS Actual | -1.04 | -0.41 | 0.11 | -0.52 |
| Revenue Estimate | 18.62M | 23.32M | 25.88M | 20.75M |
| Revenue Actual | 16.79M | 15.14M | 17.80M | 22.30M |
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.