Invesco Mortgage Capital IVR reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Invesco Mortgage Capital beat estimated earnings by 74.42%, reporting an EPS of $1.5 versus an estimate of $0.86.
Revenue was down $24.72 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.59 which was followed by a 0.15% drop in the share price the next day.
Here's a look at Invesco Mortgage Capital's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.87 | 0.94 | 0.87 | 0.9 |
EPS Actual | 1.46 | 1.39 | 1.40 | 1.2 |
Revenue Estimate | 51.25M | 46.77M | 43.30M | 46.63M |
Revenue Actual | 25.86M | 31.72M | 41.10M | 44.28M |
To track all earnings releases for Invesco Mortgage Capital visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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