Western Asset Mortgage Capital (WMC) Reports Q3 EPS of $0.54

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Western Asset Mortgage Capital Corporation Announces Third Quarter 2015 Results

November 4, 2015 6:55 AM EST

PASADENA, Calif., Nov. 4, 2015 /PRNewswire/ -- Western Asset Mortgage Capital Corporation (the "Company") (NYSE: WMC) today reported its results for the third quarter ended September 30, 2015. For the third quarter, the Company recorded a GAAP net loss of $1.9 million, or $0.05 per basic and diluted share. Core earnings plus drop income for the third quarter was $22.6 million, or $0.54 per basic and diluted share1,2. The Company also reported a net book value of $13.26 per share as of September 30, 20153 and previously declared a $0.60 per share dividend for the quarter.

THIRD QUARTER 2015... More