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Ellington Credit Q1 2024 Earnings Report

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

Ellington Credit EPS Results

Actual EPS
$0.27
Consensus EPS
$0.24
Beat/Miss
Beat by +$0.03
One Year Ago EPS
$0.21

Ellington Credit Revenue Results

Actual Revenue
$0.28 million
Expected Revenue
$4.02 million
Beat/Miss
Missed by -$3.74 million
YoY Revenue Growth
N/A

Ellington Credit Announcement Details

Quarter
Q1 2024
Time
After Market Closes

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Ellington Credit Earnings Headlines

Did You See Trump’s Bombshell Exec. Order 001?
Biden broke it... Now Trump is going to fix it. Starting with "Exec. Order 001."
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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