AG Mortgage Investment (NYSE:MITT) reported its Q1 earnings results on Friday, May 6, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
AG Mortgage Investment missed estimated earnings by 109.09%, reporting an EPS of $-0.02 versus an estimate of $0.22.
Revenue was up $9.24 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.22 which was followed by a 2.83% drop in the share price the next day.
Here's a look at AG Mortgage Investment's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.17 | 0.15 | 0.06 | 0.12 |
| EPS Actual | -0.05 | 0.96 | 0 | 0.24 |
| Revenue Estimate | 22.15M | 15.92M | 11.76M | 12.03M |
| Revenue Actual | 13.99M | 12.43M | 8.93M | 8.06M |
To track all earnings releases for AG Mortgage Investment visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
