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Ellington Financial Q2 2024 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
$0.36
Beat/Miss
Missed by -$0.03
One Year Ago EPS
$0.38

Ellington Financial Revenue Results

Actual Revenue
$33.60 million
Expected Revenue
$37.20 million
Beat/Miss
Missed by -$3.60 million
YoY Revenue Growth
N/A

Ellington Financial Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

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Ellington Financial Earnings Headlines

Analysts Issue Forecasts for EFC FY2024 Earnings
First JFK… next Elon?
Today, I have another controversial prediction. One which I will take no pleasure in seeing come true. See, even with President Trump returning as the leader of our free country, I believe Elon Musk is in mortal danger.
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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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