Granite Point Mortgage Trust Inc. Reports First Quarter 2020 Financial Results and Post Quarter-End Update

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Go back to Granite Point Mortgage Trust Inc. Reports First Quarter 2020 Financial Results and Post Quarter-End Update

Granite Point Mortgage Trust Inc. (GPMT) Misses Q1 EPS by 2c

May 11, 2020 5:33 PM EDT

Granite Point Mortgage Trust Inc. (NYSE: GPMT) reported Q1 EPS of $0.32, $0.02 worse than the analyst estimate of $0.34.

First Quarter 2020 Highlights

Generated GAAP net loss of $(37.2) million, or $(0.68) per basic share, and Core Earnings(1) of $17.5 million, or $0.32 per basic share; book value of $17.43 per common share. GAAP EPS... More