Ellington Residential: Q3 Earnings Insights

Ellington Residential EARN reported its Q3 earnings results on Monday, November 13, 2023 at 08:00 AM.

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

Ellington Residential missed estimated earnings by 12.5%, reporting an EPS of $0.21 versus an estimate of $0.24.

Revenue was down $6.29 million from the same period last year.

Last quarter the company missed on EPS by $0.05 which was followed by a 2.0% drop in the share price the next day.

Here's a look at Ellington Residential's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.22	0.24	0.22	0.24
EPS Actual	0.17	0.21	0.25	0.23
Revenue Estimate	2.13M	3.17M	3.92M	4.49M
Revenue Actual	-1M	-372K	2.45M	5.19M

To track all earnings releases for Ellington Residential visit their earnings calendar here.

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

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