Orchid Island Capital (NYSE:ORC) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Orchid Island Capital missed estimated earnings by 217.39%, reporting an EPS of $-0.27 versus an estimate of $0.23.
Revenue was up $18.52 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 0.2% increase in the share price the next day.
Here's a look at Orchid Island Capital's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.23 | 0.26 | 0.26 | 0.26 |
| EPS Actual | 0.20 | -0.17 | -0.34 | 0.23 |
| Revenue Estimate | 30.45M | 26.68M | 24.10M | 17.40M |
| Revenue Actual | 32.60M | 27.70M | 24.91M | 23.88M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
