New York Mortgage Trust: Q4 Earnings Insights

New York Mortgage Trust NYMT reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.

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

New York Mortgage Trust beat estimated earnings by 1650.0%, reporting an EPS of $0.35 versus an estimate of $0.02.

Revenue was down $5.50 million from the same period last year.

Last quarter the company missed on EPS by $1.14 which was followed by a 1.26% drop in the share price the next day.

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

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.10	0.11	0.02	0
EPS Actual	-1.04	-0.41	0.11	-0.52
Revenue Estimate	18.62M	23.32M	25.88M	20.75M
Revenue Actual	16.79M	15.14M	17.80M	22.30M

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.

Earnings Calendar