Capstead Mortgage (CMO) Tops Q4 EPS by 2c, Approves $100M Buyback

Capstead Mortgage (NYSE: CMO) reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24.

On January 27, 2016 Capstead’s Board of Directors authorized the repurchase of up to $100 million in common stock when such repurchases are deemed by management to be appropriate relative to portfolio reinvestment options and liquidity needs.

For earnings history and earnings-related data on Capstead Mortgage (CMO) click here.

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