Capstead Mortgage (CMO) Tops Q1 EPS by 2c
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Capstead Mortgage Corporation Announces First Quarter 2020 Results
April 29, 2020 4:31 PM EDTDALLAS--(BUSINESS WIRE)-- Capstead Mortgage Corporation (Capstead or the Company) (NYSE: CMO) today announced financial results for the quarter ended March 31, 2020.
First Quarter 2020 Summary
Recognized a GAAP net loss of $204.7 million or $(2.21) per diluted common share Generated core earnings of $19.8 million or $0.16 per diluted common share Paid common dividend of $0.15 per common share Reported book value of $6.07 per common share Reported agency-guaranteed residential adjustable-rate mortgage (ARM) portfolio ended the quarter at $8.50 billion Reported leverage ended the... More