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Ellington Financial Q3 2023 Earnings Report

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$12.13 +0.08 (+0.66%)
(As of 12/20/2024 05:45 PM ET)

Ellington Financial EPS Results

Actual EPS
$0.33
Consensus EPS
$0.42
Beat/Miss
Missed by -$0.09
One Year Ago EPS
N/A

Ellington Financial Revenue Results

Actual Revenue
$27.51 million
Expected Revenue
$31.41 million
Beat/Miss
Missed by -$3.90 million
YoY Revenue Growth
N/A

Ellington Financial Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Ellington Financial Earnings Headlines

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About Ellington Financial

Ellington Financial (NYSE:EFC), through its subsidiary, Ellington Financial Operating Partnership LLC, acquires and manages mortgage-related, consumer-related, corporate-related, and other financial assets in the United States. The company acquires and manages residential mortgage-backed securities (RMBS) backed by prime jumbo, Alt-A, manufactured housing, and subprime mortgage; RMBS for which the principal and interest payments are guaranteed by the U.S. government agency or the U.S. government-sponsored entity; residential mortgage loans; commercial mortgage-backed securities; and commercial mortgage loans and other commercial real estate debt. It also provides collateralized loan obligations; mortgage-related and non-mortgage-related derivatives; corporate debt and equity securities; corporate loans; and other strategic investments; and consumer loans and asset-backed securities backed by consumer and commercial assets. The company qualifies as a real estate investment trust (REIT) for federal income tax purposes. As a REIT, it intends to distribute at least 90% of its taxable income as dividends to shareholders. Ellington Financial LLC was incorporated in 2007 and is headquartered in Old Greenwich, Connecticut.

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