New York Mortgage Trust Reports Third Quarter 2018 Results
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New York Mortgage Trust (NYMT) Tops Q3 EPS by 5c
November 5, 2018 4:56 PM ESTNew York Mortgage Trust (NASDAQ: NYMT) reported Q3 EPS of $0.20, $0.05 better than the analyst estimate of $0.15.
Steven Mumma, NYMTs Chairman and Chief Executive Officer, commented: "The Company had a solid quarter of earnings and book value, with GAAP earnings of $0.21 per common share and book value at $5.72, down $0.04 from the previous quarter. The Company delivered a 2.8% economic return for the quarter and a 7.1% annualized economic return for the nine months ended September 30, 2018. The Company raised a total of $101.2 million in... More
