UPDATE: Granite Point Mortgage Q3 Adj. EPS $0.17 Misses $0.21 Estimate

Granite Point Mortgage (NYSE:GPMT) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.21 by 19.05 percent. This is a 88.89 percent increase over earnings of $0.09 per share

Granite Point Mortgage (NYSE:GPMT) reported quarterly earnings of $0.17 per share which missed the analyst consensus estimate of $0.21 by 19.05 percent. This is a 88.89 percent increase over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $18.29 million which missed the analyst consensus estimate of $22.16 million by 17.45 percent. This is a 17.23 percent decrease over sales of $22.10 million the same period last year.

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