Orchid Island Capital (ORC) Misses Q3 EPS Views

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Orchid Island Capital Announces Third Quarter 2015 Results

October 29, 2015 4:31 PM EDT

VERO BEACH, Fla., Oct. 29, 2015 (GLOBE NEWSWIRE) -- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended September 30, 2015.

Third Quarter 2015 Highlights

Net loss of $9.4 million, or $0.42 per common shareThird quarter total dividends declared and paid of $0.42 per common shareBook value per share of $11.69 at September 30, 20152.2% economic loss on common equity for the quarter, or 8.7% annualized, comprised of $0.42 dividend per common share and $0.69... More