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Granite Point Mortgage Trust Q4 2023 Earnings Report

Granite Point Mortgage Trust logo
$2.88 -0.08 (-2.74%)
As of 02/21/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Granite Point Mortgage Trust EPS Results

Actual EPS
$0.12
Consensus EPS
-$0.46
Beat/Miss
Beat by +$0.58
One Year Ago EPS
-$0.17

Granite Point Mortgage Trust Revenue Results

Actual Revenue
$61.50 million
Expected Revenue
$18.90 million
Beat/Miss
Beat by +$42.60 million
YoY Revenue Growth
N/A

Granite Point Mortgage Trust Announcement Details

Quarter
Q4 2023
Time
After Market Closes

Conference Call Resources

Conference Call Audio

Slide Deck

Granite Point Mortgage Trust Earnings Headlines

$5,000 DOGE check?
Elon Musk's DOGE agenda just took a very surprising turn... Earlier this week, reports emerged that a portion of the savings DOGE makes in Federal cuts could be funneled back to taxpayers. The media was quick to dub it a DOGE Dividend, with claims circulating that we could all receive a $5,000 check in the mail.
Q4 2024 Granite Point Mortgage Trust Inc Earnings Call
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About Granite Point Mortgage Trust

Granite Point Mortgage Trust (NYSE:GPMT), a real estate investment trust, originates, invests in, and manages senior floating-rate commercial mortgage loans, and other debt and debt-like commercial real estate investments in the United States. The company provides intermediate-term bridge or transitional financing for various purposes, including acquisitions, recapitalizations, and refinancing, as well as a range of business plans, including lease-up, renovation, repositioning, and repurposing of the commercial property. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was founded in 2015 and is headquartered in New York, New York.

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