Recap: Granite Point Mortgage Q2 Earnings

  Granite Point Mortgage (NYSE:GPMT) reported its Q2 earnings results on Monday, August 8, 2022 at 04:30 PM. Here's what investors need to know about the announcement.

 

Granite Point Mortgage (NYSE:GPMT) reported its Q2 earnings results on Monday, August 8, 2022 at 04:30 PM.

Here’s what investors need to know about the announcement.

Earnings

Granite Point Mortgage reported in-line EPS of $0.22 versus an estimate of $0.22.

Revenue was down $844 thousand from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 0.61% increase in the share price the next day.

Here’s a look at Granite Point Mortgage’s past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.04 0.23 0.10 0.31
EPS Actual 0.05 0.24 0.09 0.29
Revenue Estimate 22.76M 17.40M 22.85M 26.93M
Revenue Actual 23.51M 20.05M 22.10M 22.78M

To track all earnings releases for Granite Point Mortgage visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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