Western Asset Mortgage Capital (WMC) Reports Q1 EPS of $0.82

Go back to Western Asset Mortgage Capital (WMC) Reports Q1 EPS of $0.82

Western Asset Mortgage Capital Corporation Announces First Quarter 2015 Results

May 6, 2015 8:30 AM EDT

PASADENA, Calif., May 6, 2015 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (NYSE: WMC) today reported its results for the first quarter ended March 31, 2015. For the first quarter, the Company recorded GAAP net income of $14.1 million, or $0.34 per basic and diluted share. Core earnings plus drop income for the first quarter was $34.4 million, or $0.82  per basic and diluted share1,2. The Company also reported a net book value of $14.55 per share as of March 31, 20153 and previously declared a $0.67 per share dividend for the quarter.

FIRST QUARTER 2015 HIGHLIGHTS

Paid a... More