Earnings Preview For New York Mortgage Trust
Portfolio Pulse from Benzinga Insights
New York Mortgage Trust (NASDAQ:NYMT) is set to release its latest quarterly earnings report on August 2, 2023. Analysts estimate an earnings per share (EPS) of $0.11. The company's past performance shows a pattern of share price drops following earnings reports. The company's shares were trading at $10.15 as of July 31, with a 52-week decrease of 19.23%.
August 04, 2023 | 9:59 am
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New York Mortgage Trust is expected to report an EPS of $0.11 in its upcoming earnings report. The company's stock has historically dropped following earnings reports, and is currently down 19.23% over the last 52 weeks.
The company's stock has historically dropped following earnings reports, indicating a potential negative short-term impact. Additionally, the stock has been on a downward trend over the last 52 weeks, which may continue if the earnings report does not meet expectations.
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