AG Mortgage Investment Trust (MITT) Misses Q1 EPS by 24c

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Go back to AG Mortgage Investment Trust (MITT) Misses Q1 EPS by 24c

AG Mortgage Investment Trust, Inc. Reports First Quarter 2022 Results

May 6, 2022 6:30 AM EDT

NEW YORK--(BUSINESS WIRE)-- AG Mortgage Investment Trust, Inc. ("MITT," "we," the "Company," or "our") (NYSE: MITT) today reported financial results for the quarter ended March 31, 2022.

Q1 2022 FINANCIAL HIGHLIGHTS

$13.68 Book Value per share as of March 31, 2022 compared to $14.64 as of December 31, 2021(1) $13.37 Adjusted Book Value per share as of March 31, 2022 compared to $14.32 as of December 31, 2021(1) Decrease of approximately 6.6% from December 31, 2021 Quarterly economic return on equity of (5.2)%(2) $(0.74) and $(0.02) of Net Income/(Loss) and Core Earnings per diluted common share,... More