Orchid Island Capital (ORC) Tops Q4 EPS by 4c
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Orchid Island Capital Announces Fourth Quarter 2021 Results
February 24, 2022 4:10 PM ESTVERO 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 December 31, 2021.
Fourth Quarter 2021 Highlights
Net loss of $44.6 million, or $0.27 per common share, which consists of: Net interest income of $42.4 million, or $0.25 per common share Total expenses of $4.4 million, or $0.03 per common share Net realized and unrealized losses of $82.6 million, or $0.49 per share, on RMBS and derivative instruments, including net... More