Recap: Orchid Island Capital Q4 Earnings

Orchid Island Capital ORC reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.

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

Orchid Island Capital missed estimated earnings by 217.39%, reporting an EPS of $-0.27 versus an estimate of $0.23.

Revenue was up $18.52 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 0.2% increase in the share price the next day.

Here's a look at Orchid Island Capital's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	0.23	0.26	0.26	0.26
EPS Actual	0.20	-0.17	-0.34	0.23
Revenue Estimate	30.45M	26.68M	24.10M	17.40M
Revenue Actual	32.60M	27.70M	24.91M	23.88M

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

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