Granite Point Mortgage Trust Inc. Reports Second Quarter 2019 Financial Results and Activity Post Quarter-End

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Go back to Granite Point Mortgage Trust Inc. Reports Second Quarter 2019 Financial Results and Activity Post Quarter-End

Granite Point Mortgage Trust Inc. (GPMT) Misses Q2 EPS by 3c

August 5, 2019 4:55 PM EDT

Granite Point Mortgage Trust Inc. (NYSE: GPMT) reported Q2 EPS of $0.36, $0.03 worse than the analyst estimate of $0.39.

GAAP net income of $18.2 million or $0.34 per basic share; Core Earnings(1) of $19.4 million or $0.36 per basic share, based on 54.0 million wtd. avg. shares.Book value of $18.74 per common... More