AG Mortgage IT (NYSE:MITT) reported its Q1 earnings results on Friday, May 5, 2023 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
AG Mortgage IT missed estimated earnings by 75.0%, reporting an EPS of $0.03 versus an estimate of $0.12.
Revenue was down $5.68 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 1.97% increase in the share price the next day.
Here’s a look at AG Mortgage IT’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.14 | -0.01 | -0.35 | 0.22 |
| EPS Actual | 0.05 | -0.03 | 0.08 | -0.02 |
| Revenue Estimate | 17.70M | 17.83M | 17.85M | 22.01M |
| Revenue Actual | 12.36M | 15.49M | 16.24M | 17.30M |
To track all earnings releases for AG Mortgage IT visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
