Orchid Island Capital (ORC) Misses Q3 EPS by 3c
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Orchid Island Capital Announces Third Quarter 2021 Results
October 28, 2021 4:25 PM EDTVERO 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 September 30, 2021.
Third Quarter 2021 Highlights
Net income of $26.0 million, or $0.20 per common share, which consists of: Net interest income of $32.6 million, or $0.25 per common share Total expenses of $3.7 million, or $0.03 per common share Net realized and unrealized losses of $2.9 million, or $0.02 per common share, on RMBS and derivative... More