AG Mortgage Investment (NYSE:MITT) reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
AG Mortgage Investment beat estimated earnings by 122.86%, reporting an EPS of $0.08 versus an estimate of $-0.35.
Revenue was up $7.30 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.24 which was followed by a 1.92% increase in the share price the next day.
Here’s a look at AG Mortgage Investment’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.17 | 0.15 | 0.06 |
| EPS Actual | -0.02 | -0.05 | 0.96 | 0 |
| Revenue Estimate | 22.01M | 22.15M | 15.92M | 11.76M |
| Revenue Actual | 17.30M | 13.99M | 12.43M | 8.93M |
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.
