AG Mortgage Investment Trust (MITT) Misses Q1 EPS by 9c

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AG Mortgage Investment Trust, Inc. Reports First Quarter 2023 Results

May 5, 2023 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, 2023.

Q1 2023 FINANCIAL HIGHLIGHTS

$11.85 Book Value per share as of March 31, 2023 compared to $11.39 as of December 31, 2022(1) $11.48 Adjusted Book Value per share as of March 31, 2023 compared to $11.03 as of December 31, 2022(1) Increase of 4.1% from December 31, 2022 Quarterly economic return on equity of 5.7%(2) $0.38 and $0.03 of Net Income/(Loss) and Earnings Available for Distribution ("EAD") per diluted common... More