Recap: AG Mortgage Investment Q3 Earnings

AG Mortgage Investment MITT reported its Q3 earnings results on Friday, November 4, 2022 at 06:30 AM.

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

AG Mortgage Investment missed estimated earnings by 200.0%, reporting an EPS of $-0.03 versus an estimate of $-0.01.

Revenue was up $3.06 million from the same period last year.

Last quarter the company beat on EPS by $0.43 which was followed by a 9.09% drop in the share price the next day.

Here's a look at AG Mortgage Investment's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	-0.35	0.22	0.17	0.15
EPS Actual	0.08	-0.02	-0.05	0.96
Revenue Estimate	17.85M	22.01M	22.15M	15.92M
Revenue Actual	16.24M	17.30M	13.99M	12.43M

To track all earnings releases for AG Mortgage Investment visit their earnings calendar here.

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