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Ellington Credit Q4 2022 Earnings Report

Ellington Credit logo
$6.56 +0.10 (+1.55%)
(As of 12/20/2024 05:31 PM ET)

Ellington Credit EPS Results

Actual EPS
$0.25
Consensus EPS
$0.20
Beat/Miss
Beat by +$0.05
One Year Ago EPS
N/A

Ellington Credit Revenue Results

Actual Revenue
$2.45 million
Expected Revenue
$1.14 million
Beat/Miss
Beat by +$1.31 million
YoY Revenue Growth
N/A

Ellington Credit Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

Conference Call Audio

Slide Deck

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Ellington Credit Earnings Headlines

AI breakthrough about to upend industry
Everyone is talking about AI right now. The talk has been endless ever since ChatGPT was released to the market in late 2022. You might think it’s way too late to invest in AI. But here’s the thing.
Ellington Credit Company declares $0.08 dividend
Ellington Credit Co.
See More Ellington Credit Headlines
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About Ellington Credit

Ellington Credit (NYSE:EARN) Company, a real estate investment trust, acquires, invests in, and manages residential mortgage-and real estate-related assets. It acquires and manages residential mortgage-backed securities (RMBS), including agency pools and agency collateralized mortgage obligations (CMOs); and non-agency RMBS, such as non-agency CMOs, such as investment grade and non-investment grade. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. The company was formerly known as Ellington Residential Mortgage REIT and changed its name to Ellington Credit Company in April 2024. Ellington Credit Company was incorporated in 2012 and is based in Old Greenwich, Connecticut.

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