Ellington Credit Co EARN.N, EARN.K is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024
The Old Greenwich Connecticut-based company is expected to report a 578.2% decrease in revenue to $5.241 million from $-1.1 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Ellington Credit Co is for earnings of 28 cents per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Ellington Credit Co is $7.25, above its last closing price of $6.41.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | 0.30 | 0.29 | 0.36 | Beat | 26.3 |
Mar. 31 0001 | 0.25 | 0.25 | 0.27 | Beat | 8.9 |
Jan. 1 0001 | 0.22 | 0.23 | 0.27 | Beat | 16.4 |
Jan. 1 0001 | 0.25 | 0.24 | 0.21 | Missed | -12.5 |
Jun. 30 2023 | 0.20 | 0.22 | 0.17 | Missed | -22.9 |
Mar. 31 2023 | 0.23 | 0.24 | 0.21 | Missed | -12.3 |
Jan. 1 0001 | 0.22 | 0.22 | 0.25 | Beat | 14.4 |
Sep. 30 2022 | 0.23 | 0.23 | 0.23 | Met | 1.5 |
This summary was machine generated November 8 at 21:38 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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