Ellington Financial (EFC) Misses Q2 EPS by 2c

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Go back to Ellington Financial (EFC) Misses Q2 EPS by 2c

Ellington Financial Inc. Reports Second Quarter 2022 Results

August 4, 2022 4:16 PM EDT

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended June 30, 2022.

Highlights

Net loss of $(64.9) million, or $(1.08) per common share. Adjusted Distributable Earnings1 of $24.9 million, or $0.41 per share. Book value per common share as of June 30, 2022 of $16.22, including the effects of dividends of $0.45 per common share for the quarter. Credit strategy gross loss of $(48.9) million for the quarter, or $(0.80) per share. Agency strategy gross loss of $(12.3) million for the quarter, or... More