AG Mortgage Investment Trust (MITT) Reports Q3 EPS of $0.63

AG Mortgage Investment Trust (NYSE: MITT) reported core Q3 EPS of $0.63, versus $0.60 reported last quarter.

“We achieved solid high quality earnings during the third quarter,” commented Jonathan Lieberman, President and Chief Investment Officer. “The investment team executed on all key objectives for MITT, including issuing a $0.60 dividend for a fifth consecutive quarter, producing core earnings above our dividend, growing book value per share and executing on residential loan purchases. During the quarter we also finalized an important lending facility to support our commercial real estate origination lending program.”

“We reached all of our goals this quarter, maintaining what we consider to be appropriately conservative leverage and interest rate positioning in a very volatile interest rate environment,” commented David Roberts, Chief Executive Officer. “We continue to bolster our team and are pleased to welcome Karen Werbel as head of MITT’s Investor Relations.”

For earnings history and earnings-related data on AG Mortgage Investment Trust (MITT) click here.

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