Western Asset Mortgage Capital (WMC) Tops Q1 EPS by 6c

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Western Asset Mortgage Capital Corporation Announces First Quarter 2023 Results

May 4, 2023 4:42 PM EDT

Conference Call and Webcast Scheduled for Tomorrow, Friday, May 5, 2023 at 12:00 p.m. Eastern Time/9:00 a.m. Pacific Time

PASADENA, Calif.--(BUSINESS WIRE)-- Western Asset Mortgage Capital Corporation (the Company or WMC) (NYSE: WMC) today reported its results for the first quarter ended March 31, 2023.

BUSINESS UPDATE

The Company continues to execute on its business strategy to focus on residential real estate investments and to take actions to strengthen its balance sheet:

For the three months ended March 31, 2023, the Company received $36.6 million... More