New York Mortgage Trust Reports Fourth Quarter 2018 Results

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New York Mortgage Trust (NYMT) Misses Q4 EPS by 4c

February 21, 2019 4:52 PM EST

New York Mortgage Trust (NASDAQ: NYMT) reported Q4 EPS of $0.11, $0.04 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $21.87 million versus the consensus estimate of $21.76 million.

Earned net income attributable to common stockholders of $3.7 million, or $0.02 per share (basic), and comprehensive income to common stockholders of $16.9 million, or $0.11 per share.Earned net interest income of $21.9 million and portfolio net interest margin of 230 basis points.Recognized book value per common share of $5.65 at December 31, 2018, a decrease of 1% from September 30, 2018, resulting in an economic return of 2.3% for the quarter ended... More