Great Ajax Corp (AJX) Misses Q2 EPS by 2c

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Go back to Great Ajax Corp (AJX) Misses Q2 EPS by 2c

Great Ajax Corp. Announces Results for the Quarter Ended June 30, 2018

August 7, 2018 4:05 PM EDT

Second Quarter Highlights

Purchased $14.3 million of re-performing mortgage loans (RPLs) with an aggregate unpaid principal balance (UPB) of $15.5 million and underlying collateral value of $24.8 million. Interest income of $26.7 million; net interest income of $13.9 million. Net income attributable to common stockholders of $7.5 million. Basic earnings per share (EPS) of $0.40. Taxable income of $0.35 per share. Book value per share of $15.60 at June 30, 2018. Collected $56.5 million of cash on our portfolio and held $34.7... More