Ellington Financial (EFC) Misses Q2 EPS by 7c

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Ellington Financial Inc. Reports Second Quarter 2023 Results

August 7, 2023 4:36 PM EDT

OLD GREENWICH, Conn.--(BUSINESS WIRE)-- Ellington Financial Inc. (NYSE: EFC) (the "Company") today reported financial results for the quarter ended June 30, 2023.

Highlights

Net income attributable to common stockholders of $2.9 million, or $0.04 per common share.1 $30.7 million, or $0.46 per common share, from the investment portfolio. $27.0 million, or $0.40 per common share, from the credit strategy. $3.7 million, or $0.06 per common share, from the Agency strategy. $2.5 million, or $0.04 per common share, from Longbridge. Adjusted Distributable Earnings2... More