Ellington Financial Q4 2024 Earnings Report

Ellington Financial EPS Results

• Actual EPS: $0.45
• Consensus EPS: $0.38
• Beat/Miss: Beat by +$0.07
• One Year Ago EPS: N/A

Ellington Financial Revenue Results

• Actual Revenue: $38.13 million
• Expected Revenue: $112.88 million
• Beat/Miss: Missed by -$74.75 million
• YoY Revenue Growth: N/A

Ellington Financial Announcement Details

• Quarter: Q4 2024
• Date: 2/27/2025
• Time: After Market Closes

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.