Cherry Hill Mortgage Investment Corp reports results for the quarter ended December 31 - Earnings Summary

• Cherry Hill Mortgage Investment Corp CHMI.N reported quarterly adjusted earnings of 10 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of three analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from 9 cents to 18 cents per share.

• Revenue was $21.85 million​; analysts expected $1.32 million.

• Cherry Hill Mortgage Investment Corp's reported EPS for the quarter was 29 cents​.

• The company reported quarterly net income of $9.07 million.

• Cherry Hill Mortgage Investment Corp shares had risen by 26.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 35.1% 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 2 "strong buy" or "buy," 1 "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 Cherry Hill Mortgage Investment Corp is $4.00

This summary was machine generated from LSEG data March 7 at 09:54 a.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)