Orchid Island Cap (NYSE:ORC) reported Q2 earnings of $0.25 per share, beating the analyst consensus estimate of $(0.01) by 2600 percent. This is a 114.71 percent increase over losses of $(1.70) per share from the same period last year. However, the company reported quarterly sales of $(8.76 million) which missed the analyst consensus estimate of $9.85 million by 188.93 percent, a 132.34 percent decrease over sales of $27.09 million the same period last year.