Dynex Capital Inc reports results for the quarter ended December 31 - Earnings Summary

• Dynex Capital Inc DX.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -24 cents. The mean expectation of seven analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from -9 cents to 36 cents per share.

• Revenue rose 402.5% to $6.89 million from a year ago; analysts expected $13.82 million.

• Dynex Capital Inc's reported EPS for the quarter was 60 cents​.

• The company reported quarterly net income of $49.16 million.

• Dynex Capital Inc shares had fallen by 0.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1,460% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Dynex Capital Inc is $13.63

This summary was machine generated from LSEG data January 27 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)