Orchid Island Capital Announces Fourth Quarter 2020 Results

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Orchid Island Capital (ORC) Misses Q4 EPS by 3c

February 25, 2021 5:51 PM EST

Orchid Island Capital (NYSE: ORC) reported Q4 EPS of $0.23, $0.03 worse than the analyst estimate of $0.26.

Commenting on the fourth quarter and full year results, Robert E. Cauley, Chairman and Chief Executive Officer, said, Orchid Island Capital generated another quarter of strong returns for stockholders. For the fourth quarter, Orchid generated a 4.0% return based on a $0.02 per share increase in book value and $0.195 per share of dividends. This marks the third consecutive quarter of positive... More