Recap: Invesco Mortgage Capital Q1 Earnings

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.

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.

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.

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