Ellington Residential Mortgage REIT Reports First Quarter 2019 Results
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Ellington Residential Mortgage REIT (EARN) Misses Q1 EPS by 4c
May 2, 2019 5:29 PM EDTEllington Residential Mortgage REIT (NYSE: EARN) reported Q1 EPS of $0.27, $0.04 worse than the analyst estimate of $0.31.
Net income of $8.9 million, or $0.72 per share.Core Earnings1 of $2.4 million, or $0.19 per share, and Adjusted Core Earnings1 of $3.3 million, or $0.27 per share.Book value of $12.69 per share as of March 31, 2019, which includes the effect of a first quarter dividend of $0.34 per share.Net interest margin of 0.83%,... More