Recap: New York Mortgage Trust Q2 Earnings

New York Mortgage Trust NYMT reported its Q2 earnings results on Tuesday, August 2, 2022 at 04:05 PM.

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

New York Mortgage Trust missed estimated earnings by 2300.0%, reporting an EPS of $-0.22 versus an estimate of $0.01.

Revenue was down $5.35 million from the same period last year.

Last quarter the company missed on EPS by $0.29 which was followed by a 2.68% drop in the share price the next day.

Here's a look at New York Mortgage Trust's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.07	0.11	0.11	0.11
EPS Actual	-0.22	0.06	0.10	0.11
Revenue Estimate	36.55M	48.68M	43.70M	43.89M
Revenue Actual	29.88M	30.77M	31.03M	31.48M

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.