Invesco Mortgage Capital Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
21 Feb
Invesco Mortgage Capital Inc reports results for the quarter ended December 31 - Earnings Summary
  • Invesco Mortgage Capital Inc IVR.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of six analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 54 cents to 95 cents per share.

  • Revenue rose 22.6% to $76.11 million from a year ago; analysts expected $79.35 million.

  • Invesco Mortgage Capital Inc's reported EPS for the quarter was a loss of 9 cents​.

  • The company reported a quarterly loss of $5.47 million.

  • Invesco Mortgage Capital Inc shares had risen by 11.3% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 2.3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the specialized reits peer group is also "hold"

Wall Street's median 12-month price target for Invesco Mortgage Capital Inc is $8.00

This summary was machine generated from LSEG data February 21 at 07:15 a.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.71

0.53

Missed

Sep. 30 2024

0.79

0.68

Missed

Jun. 30 2024

0.99

0.86

Missed

Mar. 31 2024

1.13

0.86

Missed

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