New York Mortgage Trust (NASDAQ:NYMT) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
New York Mortgage Trust missed estimated earnings by 414.29%, reporting an EPS of $-0.22 versus an estimate of $0.07.
Revenue was down $461.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 0.56% increase in the share price the next day.
Here's a look at New York Mortgage Trust's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.11 | 0.11 | 0.11 | 0.12 |
| EPS Actual | 0.06 | 0.10 | 0.11 | 0.11 |
| Revenue Estimate | 48.68M | 43.70M | 43.89M | 37.15M |
| Revenue Actual | 30.77M | 31.03M | 31.48M | 30.34M |
To track all earnings releases for New York Mortgage Trust visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
