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Orchid Island Capital Q1 2024 Earnings Report

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$8.02 +0.09 (+1.07%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Orchid Island Capital EPS Results

Actual EPS
-$0.12
Consensus EPS
-$0.12
Beat/Miss
Met Expectations
One Year Ago EPS
-$0.24

Orchid Island Capital Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Orchid Island Capital Announcement Details

Quarter
Q1 2024
Time
After Market Closes

ORC Upcoming Earnings

Orchid Island Capital will be holding an earnings conference call on Friday, January 31 at 10:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Orchid Island Capital Earnings Headlines

Orchid Island Capital: Beware The High Yield Trap
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See More Orchid Island Capital Headlines
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About Orchid Island Capital

Orchid Island Capital (NYSE:ORC), a specialty finance company, invests in residential mortgage-backed securities (RMBS) in the United States. The company's RMBS is backed by single-family residential mortgage loans, referred as Agency RMBS. Its portfolio includes traditional pass-through Agency RMBS, such as mortgage pass through certificates and collateralized mortgage obligations; and structured Agency RMBS comprising interest only securities, inverse interest only securities, and principal only securities. The company has elected to be taxed as a real estate investment trust (REIT) for the United States federal income tax purposes. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to stockholders, if it annually distributes dividends equal to at least 90% of its REIT taxable income to its stockholders. Orchid Island Capital, Inc. was incorporated in 2010 and is headquartered in Vero Beach, Florida.

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