New York Mortgage Trust Q3 2023 Gaap EPS $(1.04) Misses $0.10 Estimate, Sales $16.79M Miss $18.62M Estimate
Portfolio Pulse from saritha@benzinga.com
New York Mortgage Trust (NASDAQ:NYMT) reported Q3 2023 losses of $(1.04) per share, missing the analyst consensus estimate of $0.10 by 1140 percent. The company also reported quarterly sales of $16.79 million, missing the analyst consensus estimate of $18.62 million by 9.83 percent.
November 01, 2023 | 8:27 pm
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New York Mortgage Trust's Q3 2023 earnings and sales missed analyst estimates, which could negatively impact the company's stock in the short term.
New York Mortgage Trust's Q3 2023 earnings and sales fell short of analyst estimates. This underperformance could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
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