Orchid Island Capital (ORC) Misses Q2 EPS by 43c

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Go back to Orchid Island Capital (ORC) Misses Q2 EPS by 43c

Orchid Island Capital Announces Second Quarter 2021 Results

July 29, 2021 4:05 PM EDT

VERO BEACH, Fla.--(BUSINESS WIRE)-- Orchid Island Capital, Inc. (NYSE: ORC) ("Orchid or the "Company"), a real estate investment trust ("REIT"), today announced results of operations for the three month period ended June 30, 2021.

Second Quarter 2021 Highlights

Net loss of $16.9 million, or $0.17 per common share, which consists of: Net interest income of $27.7 million, or $0.28 per common share Total expenses of $3.7 million, or $0.04 per common share Net realized and unrealized losses of $40.8 million, or $0.41 per common share, on RMBS and derivative... More