Western Asset Mortgage Capital (WMC) Reports Q2 EPS of $0.76

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Western Asset Mortgage Capital Corporation Announces Second Quarter 2015 Results

July 31, 2015 8:30 AM EDT

PASADENA, Calif., July 31, 2015 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (NYSE: WMC) today reported its results for the second quarter ended June 30, 2015. For the second quarter, the Company recorded a GAAP net loss of $1.7 million, or $0.05 per basic and diluted share. Core earnings plus drop income for the second quarter was $31.7 million, or $0.76 per basic and diluted share1,2. The Company also reported a net book value of $13.89 per share as of June 30, 20153 and previously declared a $0.64 per share dividend for the quarter.

SECOND QUARTER 2015... More