Capstead Mortgage (CMO) Tops Q1 EPS by 4c

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Capstead Mortgage Corporation Announces First Quarter 2019 Results

April 24, 2019 4:30 PM EDT

DALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (Capstead or the Company) (NYSE: CMO) today announced financial results for the quarter ended March 31, 2019, and introduced core earnings, a non-GAAP financial measure.

First Quarter 2019 Summary

Generated an annualized economic return of 5.1%, consisting of a $0.04 increase in book value to $9.43 per common share and an $0.08 per common share first quarter dividend Recognized a GAAP net loss of $7.7 million or $(0.15) per... More