New York Mortgage Trust (NYMT) Tops Q1 EPS by 5c

New York Mortgage Trust (NASDAQ: NYMT) reported Q1 EPS of $0.21, $0.05 better than the analyst estimate of $0.16.

• Net income attributable to common stockholders of $23.7 million, or $0.21 per share (basic), and comprehensive loss to common stockholders of $0.8 million, or $0.01 per share.
• Net interest income of $19.8 million and portfolio net interest margin of 286 basis points.
• Book value per common share of $5.79 at March 31, 2018, a decrease of 3.5% from December 31, 2017, resulting in an economic loss of 0.2% for the quarter.
• Declared first quarter dividend of $0.20 per common share that was paid on April 26, 2018

For earnings history and earnings-related data on New York Mortgage Trust (NYMT) click here.

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