AG Mortgage IT: Q1 Earnings Insights

AG Mortgage IT MITT reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.

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

AG Mortgage IT missed estimated earnings by 75.0%, reporting an EPS of $0.03 versus an estimate of $0.12.

Revenue was down $5.68 million from the same period last year.

Last quarter the company missed on EPS by $0.09 which was followed by a 1.97% increase in the share price the next day.

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

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.14	-0.01	-0.35	0.22
EPS Actual	0.05	-0.03	0.08	-0.02
Revenue Estimate	17.70M	17.83M	17.85M	22.01M
Revenue Actual	12.36M	15.49M	16.24M	17.30M

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

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

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